CA Foundation Exam > CA Foundation Questions > M/s. Law Book Company made an offer to sell a...
Start Learning for Free
M/s. Law Book Company made an offer to sell a new law book released recently only to the members of Bar Council. This offer is called:
- a)General offer
- b)Specific offer
- c)Implied offer
- d)Invitation to offer
Correct answer is 'B'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Verified Answer
M/s. Law Book Company made an offer to sell a new law book released re...
Specific offer is made to one person or group of persons. it can be accepted only by the person or persons to whom it is made. The offer must express his acceptance to enforce the contract.
Most Upvoted Answer
M/s. Law Book Company made an offer to sell a new law book released re...
Explanation:
In the given scenario, M/s. Law Book Company made an offer to sell a new law book released recently only to the members of Bar Council. This offer is called a specific offer.
Types of Offer:
- General Offer: A general offer is made to the public at large. It is addressed to the world at large and anyone can accept it. For example, an advertisement in a newspaper or on the internet.
- Specific Offer: A specific offer is made to a particular person or group of persons. It is addressed to a specific individual or group of individuals. For example, an offer made to a particular customer, a tender to a specific contractor, or an offer made to the members of Bar Council.
- Implied Offer: An implied offer is not made explicitly but is inferred from the conduct of the parties or from the circumstances of the case. For example, a customer placing an order for goods from a supplier is an implied offer.
- Invitation to Offer: An invitation to offer is an invitation to others to make an offer. It is not an offer but an invitation to make an offer. For example, an advertisement for a product is an invitation to offer.
Conclusion:
In conclusion, the offer made by M/s. Law Book Company to sell a new law book released recently only to the members of Bar Council is a specific offer as it is made to a specific group of individuals.
In the given scenario, M/s. Law Book Company made an offer to sell a new law book released recently only to the members of Bar Council. This offer is called a specific offer.
Types of Offer:
- General Offer: A general offer is made to the public at large. It is addressed to the world at large and anyone can accept it. For example, an advertisement in a newspaper or on the internet.
- Specific Offer: A specific offer is made to a particular person or group of persons. It is addressed to a specific individual or group of individuals. For example, an offer made to a particular customer, a tender to a specific contractor, or an offer made to the members of Bar Council.
- Implied Offer: An implied offer is not made explicitly but is inferred from the conduct of the parties or from the circumstances of the case. For example, a customer placing an order for goods from a supplier is an implied offer.
- Invitation to Offer: An invitation to offer is an invitation to others to make an offer. It is not an offer but an invitation to make an offer. For example, an advertisement for a product is an invitation to offer.
Conclusion:
In conclusion, the offer made by M/s. Law Book Company to sell a new law book released recently only to the members of Bar Council is a specific offer as it is made to a specific group of individuals.
Free Test
FREE
| Start Free Test |
Community Answer
M/s. Law Book Company made an offer to sell a new law book released re...
Specific offer is an offer which is made to a specific person or a specific group of persons in the given example the law book company made an offer to sell a new law book recently only to the members of bar council and hence it is a specific offer
Attention CA Foundation Students!
To make sure you are not studying endlessly, EduRev has designed CA Foundation study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in CA Foundation.
|
Explore Courses for CA Foundation exam
|
|
Similar CA Foundation Doubts
Top Courses for CA FoundationView all
M/s. Law Book Company made an offer to sell a new law book released recently only to the members of Bar Council. This offer is called:a)General offerb)Specific offerc)Implied offerd)Invitation to offerCorrect answer is 'B'. Can you explain this answer?
Question Description
M/s. Law Book Company made an offer to sell a new law book released recently only to the members of Bar Council. This offer is called:a)General offerb)Specific offerc)Implied offerd)Invitation to offerCorrect answer is 'B'. Can you explain this answer? 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 M/s. Law Book Company made an offer to sell a new law book released recently only to the members of Bar Council. This offer is called:a)General offerb)Specific offerc)Implied offerd)Invitation to offerCorrect answer is 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for M/s. Law Book Company made an offer to sell a new law book released recently only to the members of Bar Council. This offer is called:a)General offerb)Specific offerc)Implied offerd)Invitation to offerCorrect answer is 'B'. Can you explain this answer?.
M/s. Law Book Company made an offer to sell a new law book released recently only to the members of Bar Council. This offer is called:a)General offerb)Specific offerc)Implied offerd)Invitation to offerCorrect answer is 'B'. Can you explain this answer? 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 M/s. Law Book Company made an offer to sell a new law book released recently only to the members of Bar Council. This offer is called:a)General offerb)Specific offerc)Implied offerd)Invitation to offerCorrect answer is 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for M/s. Law Book Company made an offer to sell a new law book released recently only to the members of Bar Council. This offer is called:a)General offerb)Specific offerc)Implied offerd)Invitation to offerCorrect answer is 'B'. Can you explain this answer?.
Solutions for M/s. Law Book Company made an offer to sell a new law book released recently only to the members of Bar Council. This offer is called:a)General offerb)Specific offerc)Implied offerd)Invitation to offerCorrect answer is 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation.
Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of M/s. Law Book Company made an offer to sell a new law book released recently only to the members of Bar Council. This offer is called:a)General offerb)Specific offerc)Implied offerd)Invitation to offerCorrect answer is 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
M/s. Law Book Company made an offer to sell a new law book released recently only to the members of Bar Council. This offer is called:a)General offerb)Specific offerc)Implied offerd)Invitation to offerCorrect answer is 'B'. Can you explain this answer?, a detailed solution for M/s. Law Book Company made an offer to sell a new law book released recently only to the members of Bar Council. This offer is called:a)General offerb)Specific offerc)Implied offerd)Invitation to offerCorrect answer is 'B'. Can you explain this answer? has been provided alongside types of M/s. Law Book Company made an offer to sell a new law book released recently only to the members of Bar Council. This offer is called:a)General offerb)Specific offerc)Implied offerd)Invitation to offerCorrect answer is 'B'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice M/s. Law Book Company made an offer to sell a new law book released recently only to the members of Bar Council. This offer is called:a)General offerb)Specific offerc)Implied offerd)Invitation to offerCorrect answer is 'B'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
|
|
Explore Courses for CA Foundation exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup