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If Ramesh offer Mr Bean to purchase a car of Mr Bean for 5 lacs rupees and Mr Bean agree upon this. Is Mr Bean both promiser and promisee in this agreement?
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If Ramesh offer Mr Bean to purchase a car of Mr Bean for 5 lacs rupees...

Analysis of the Agreement

Mr Bean is both the promiser and the promisee in this agreement.

Mr Bean as the Promiser

- As the promiser, Mr Bean is making a promise to sell his car to Ramesh for 5 lacs rupees.
- By agreeing to the terms of the agreement, Mr Bean is obligated to transfer the ownership of the car to Ramesh upon receiving the payment.

Mr Bean as the Promisee

- As the promisee, Mr Bean is the one who will receive the 5 lacs rupees from Ramesh in exchange for his car.
- Mr Bean has the right to expect the payment from Ramesh as per the agreed terms of the agreement.

Conclusion

In this agreement, Mr Bean is both the promiser and the promisee. He is making a promise to sell his car and also expecting to receive the payment for it. This dual role showcases the mutual agreement and understanding between the parties involved in the transaction.
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If Ramesh offer Mr Bean to purchase a car of Mr Bean for 5 lacs rupees and Mr Bean agree upon this. Is Mr Bean both promiser and promisee in this agreement?
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If Ramesh offer Mr Bean to purchase a car of Mr Bean for 5 lacs rupees and Mr Bean agree upon this. Is Mr Bean both promiser and promisee in this agreement? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about If Ramesh offer Mr Bean to purchase a car of Mr Bean for 5 lacs rupees and Mr Bean agree upon this. Is Mr Bean both promiser and promisee in this agreement? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If Ramesh offer Mr Bean to purchase a car of Mr Bean for 5 lacs rupees and Mr Bean agree upon this. Is Mr Bean both promiser and promisee in this agreement?.
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