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1. Mr. R wrote a letter to Mr. Q asking them to tell at what rate they are selling Alfonso mangos, Mr. Q replied that the current rate is Rs.500/dozen, Mr. R replied, please send 10 dozens of mangos and attached a cheque of required amount, Mr. R upon receipt of the cheque replied that the stock of Mangos is over and he is not in position to supply the mangos, can Mr. R file suit against Mr. Q for non fulfilment of order. Is there a binding contact between Q and R?
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1. Mr. R wrote a letter to Mr. Q asking them to tell at what rate they...
Analysis of the Contract between Mr. Q and Mr. R
Mr. R cannot file a suit against Mr. Q for non-fulfillment of the order because there is no binding contract between the two parties. Let's break down the situation:
Offer and Acceptance:
- Mr. R's initial letter asking for the rate of Alfonso mangos can be considered as an offer.
- Mr. Q's reply stating the current rate of Rs.500/dozen can be seen as an acceptance of the offer.
Consideration:
- Mr. R's reply to send 10 dozens of mangos and attaching a cheque can be considered as consideration for the contract.
Intention to Create Legal Relations:
- Both parties seemed to have the intention to create a legal relationship as they were discussing a business transaction.
Capacity:
- Both parties are assumed to have the capacity to enter into a contract.
Stock Availability:
- However, the crucial element of a contract, which is the stock availability, was not present. Mr. R's reply stating that the stock of mangos is over means that he was not able to fulfill the order.
Conclusion:
- In this case, there is no binding contract between Mr. Q and Mr. R because one of the essential elements of a contract, which is the ability to fulfill the order, was missing. Therefore, Mr. R cannot file a suit against Mr. Q for non-fulfillment of the order.
Mr. R cannot file a suit against Mr. Q for non-fulfillment of the order because there is no binding contract between the two parties. Let's break down the situation:
Offer and Acceptance:
- Mr. R's initial letter asking for the rate of Alfonso mangos can be considered as an offer.
- Mr. Q's reply stating the current rate of Rs.500/dozen can be seen as an acceptance of the offer.
Consideration:
- Mr. R's reply to send 10 dozens of mangos and attaching a cheque can be considered as consideration for the contract.
Intention to Create Legal Relations:
- Both parties seemed to have the intention to create a legal relationship as they were discussing a business transaction.
Capacity:
- Both parties are assumed to have the capacity to enter into a contract.
Stock Availability:
- However, the crucial element of a contract, which is the stock availability, was not present. Mr. R's reply stating that the stock of mangos is over means that he was not able to fulfill the order.
Conclusion:
- In this case, there is no binding contract between Mr. Q and Mr. R because one of the essential elements of a contract, which is the ability to fulfill the order, was missing. Therefore, Mr. R cannot file a suit against Mr. Q for non-fulfillment of the order.
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1. Mr. R wrote a letter to Mr. Q asking them to tell at what rate they are selling Alfonso mangos, Mr. Q replied that the current rate is Rs.500/dozen, Mr. R replied, please send 10 dozens of mangos and attached a cheque of required amount, Mr. R upon receipt of the cheque replied that the stock of Mangos is over and he is not in position to supply the mangos, can Mr. R file suit against Mr. Q for non fulfilment of order. Is there a binding contact between Q and R?
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1. Mr. R wrote a letter to Mr. Q asking them to tell at what rate they are selling Alfonso mangos, Mr. Q replied that the current rate is Rs.500/dozen, Mr. R replied, please send 10 dozens of mangos and attached a cheque of required amount, Mr. R upon receipt of the cheque replied that the stock of Mangos is over and he is not in position to supply the mangos, can Mr. R file suit against Mr. Q for non fulfilment of order. Is there a binding contact between Q and R? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about 1. Mr. R wrote a letter to Mr. Q asking them to tell at what rate they are selling Alfonso mangos, Mr. Q replied that the current rate is Rs.500/dozen, Mr. R replied, please send 10 dozens of mangos and attached a cheque of required amount, Mr. R upon receipt of the cheque replied that the stock of Mangos is over and he is not in position to supply the mangos, can Mr. R file suit against Mr. Q for non fulfilment of order. Is there a binding contact between Q and R? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 1. Mr. R wrote a letter to Mr. Q asking them to tell at what rate they are selling Alfonso mangos, Mr. Q replied that the current rate is Rs.500/dozen, Mr. R replied, please send 10 dozens of mangos and attached a cheque of required amount, Mr. R upon receipt of the cheque replied that the stock of Mangos is over and he is not in position to supply the mangos, can Mr. R file suit against Mr. Q for non fulfilment of order. Is there a binding contact between Q and R?.
1. Mr. R wrote a letter to Mr. Q asking them to tell at what rate they are selling Alfonso mangos, Mr. Q replied that the current rate is Rs.500/dozen, Mr. R replied, please send 10 dozens of mangos and attached a cheque of required amount, Mr. R upon receipt of the cheque replied that the stock of Mangos is over and he is not in position to supply the mangos, can Mr. R file suit against Mr. Q for non fulfilment of order. Is there a binding contact between Q and R? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about 1. Mr. R wrote a letter to Mr. Q asking them to tell at what rate they are selling Alfonso mangos, Mr. Q replied that the current rate is Rs.500/dozen, Mr. R replied, please send 10 dozens of mangos and attached a cheque of required amount, Mr. R upon receipt of the cheque replied that the stock of Mangos is over and he is not in position to supply the mangos, can Mr. R file suit against Mr. Q for non fulfilment of order. Is there a binding contact between Q and R? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 1. Mr. R wrote a letter to Mr. Q asking them to tell at what rate they are selling Alfonso mangos, Mr. Q replied that the current rate is Rs.500/dozen, Mr. R replied, please send 10 dozens of mangos and attached a cheque of required amount, Mr. R upon receipt of the cheque replied that the stock of Mangos is over and he is not in position to supply the mangos, can Mr. R file suit against Mr. Q for non fulfilment of order. Is there a binding contact between Q and R?.
Solutions for 1. Mr. R wrote a letter to Mr. Q asking them to tell at what rate they are selling Alfonso mangos, Mr. Q replied that the current rate is Rs.500/dozen, Mr. R replied, please send 10 dozens of mangos and attached a cheque of required amount, Mr. R upon receipt of the cheque replied that the stock of Mangos is over and he is not in position to supply the mangos, can Mr. R file suit against Mr. Q for non fulfilment of order. Is there a binding contact between Q and R? in English & in Hindi are available as part of our courses for CA Foundation.
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