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PRINCIPLE: A proposal made by one party and its acceptance by another, with the intention of establishing legal relations, is an agreement.FACTS: Sahil goes to ‘The Great Indian Bargain’, an exhibition held in the Gymkhana grounds of Mumbai, where the producers sell their products at great discounts. Here, he comes across the window of a shop where a beautiful painting is placed along with a board which says ‘Paintings for Rs. 500’. Knowing the real value of the painting to be much more than Rs. 500, Sahil rushes inside and asks the seller to sell him the painting immediately. The seller refuses to sell him the painting. Sahil sues the seller, claiming that he had breached the contract.Q. Which of the following is true?a)Sahil will succeed since the marked price of the painting was Rs. 500b)Sahil won’t succeed since the marked price was merely an invitation to offerc)Sahil will succeed since the marked price was an offer, and by agreeing to buy it, he had given his acceptanced)Sahil won’t succeed since he knew that the true value of the painting was worth much moreCorrect answer is option 'B'. Can you explain this answer? for CLAT 2024 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about PRINCIPLE: A proposal made by one party and its acceptance by another, with the intention of establishing legal relations, is an agreement.FACTS: Sahil goes to ‘The Great Indian Bargain’, an exhibition held in the Gymkhana grounds of Mumbai, where the producers sell their products at great discounts. Here, he comes across the window of a shop where a beautiful painting is placed along with a board which says ‘Paintings for Rs. 500’. Knowing the real value of the painting to be much more than Rs. 500, Sahil rushes inside and asks the seller to sell him the painting immediately. The seller refuses to sell him the painting. Sahil sues the seller, claiming that he had breached the contract.Q. Which of the following is true?a)Sahil will succeed since the marked price of the painting was Rs. 500b)Sahil won’t succeed since the marked price was merely an invitation to offerc)Sahil will succeed since the marked price was an offer, and by agreeing to buy it, he had given his acceptanced)Sahil won’t succeed since he knew that the true value of the painting was worth much moreCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for CLAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for PRINCIPLE: A proposal made by one party and its acceptance by another, with the intention of establishing legal relations, is an agreement.FACTS: Sahil goes to ‘The Great Indian Bargain’, an exhibition held in the Gymkhana grounds of Mumbai, where the producers sell their products at great discounts. Here, he comes across the window of a shop where a beautiful painting is placed along with a board which says ‘Paintings for Rs. 500’. Knowing the real value of the painting to be much more than Rs. 500, Sahil rushes inside and asks the seller to sell him the painting immediately. The seller refuses to sell him the painting. Sahil sues the seller, claiming that he had breached the contract.Q. Which of the following is true?a)Sahil will succeed since the marked price of the painting was Rs. 500b)Sahil won’t succeed since the marked price was merely an invitation to offerc)Sahil will succeed since the marked price was an offer, and by agreeing to buy it, he had given his acceptanced)Sahil won’t succeed since he knew that the true value of the painting was worth much moreCorrect answer is option 'B'. Can you explain this answer?.

Solutions for PRINCIPLE: A proposal made by one party and its acceptance by another, with the intention of establishing legal relations, is an agreement.FACTS: Sahil goes to ‘The Great Indian Bargain’, an exhibition held in the Gymkhana grounds of Mumbai, where the producers sell their products at great discounts. Here, he comes across the window of a shop where a beautiful painting is placed along with a board which says ‘Paintings for Rs. 500’. Knowing the real value of the painting to be much more than Rs. 500, Sahil rushes inside and asks the seller to sell him the painting immediately. The seller refuses to sell him the painting. Sahil sues the seller, claiming that he had breached the contract.Q. Which of the following is true?a)Sahil will succeed since the marked price of the painting was Rs. 500b)Sahil won’t succeed since the marked price was merely an invitation to offerc)Sahil will succeed since the marked price was an offer, and by agreeing to buy it, he had given his acceptanced)Sahil won’t succeed since he knew that the true value of the painting was worth much moreCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for CLAT. Download more important topics, notes, lectures and mock test series for CLAT Exam by signing up for free.

Here you can find the meaning of PRINCIPLE: A proposal made by one party and its acceptance by another, with the intention of establishing legal relations, is an agreement.FACTS: Sahil goes to ‘The Great Indian Bargain’, an exhibition held in the Gymkhana grounds of Mumbai, where the producers sell their products at great discounts. Here, he comes across the window of a shop where a beautiful painting is placed along with a board which says ‘Paintings for Rs. 500’. Knowing the real value of the painting to be much more than Rs. 500, Sahil rushes inside and asks the seller to sell him the painting immediately. The seller refuses to sell him the painting. Sahil sues the seller, claiming that he had breached the contract.Q. Which of the following is true?a)Sahil will succeed since the marked price of the painting was Rs. 500b)Sahil won’t succeed since the marked price was merely an invitation to offerc)Sahil will succeed since the marked price was an offer, and by agreeing to buy it, he had given his acceptanced)Sahil won’t succeed since he knew that the true value of the painting was worth much moreCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of PRINCIPLE: A proposal made by one party and its acceptance by another, with the intention of establishing legal relations, is an agreement.FACTS: Sahil goes to ‘The Great Indian Bargain’, an exhibition held in the Gymkhana grounds of Mumbai, where the producers sell their products at great discounts. Here, he comes across the window of a shop where a beautiful painting is placed along with a board which says ‘Paintings for Rs. 500’. Knowing the real value of the painting to be much more than Rs. 500, Sahil rushes inside and asks the seller to sell him the painting immediately. The seller refuses to sell him the painting. Sahil sues the seller, claiming that he had breached the contract.Q. Which of the following is true?a)Sahil will succeed since the marked price of the painting was Rs. 500b)Sahil won’t succeed since the marked price was merely an invitation to offerc)Sahil will succeed since the marked price was an offer, and by agreeing to buy it, he had given his acceptanced)Sahil won’t succeed since he knew that the true value of the painting was worth much moreCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for PRINCIPLE: A proposal made by one party and its acceptance by another, with the intention of establishing legal relations, is an agreement.FACTS: Sahil goes to ‘The Great Indian Bargain’, an exhibition held in the Gymkhana grounds of Mumbai, where the producers sell their products at great discounts. Here, he comes across the window of a shop where a beautiful painting is placed along with a board which says ‘Paintings for Rs. 500’. Knowing the real value of the painting to be much more than Rs. 500, Sahil rushes inside and asks the seller to sell him the painting immediately. The seller refuses to sell him the painting. Sahil sues the seller, claiming that he had breached the contract.Q. Which of the following is true?a)Sahil will succeed since the marked price of the painting was Rs. 500b)Sahil won’t succeed since the marked price was merely an invitation to offerc)Sahil will succeed since the marked price was an offer, and by agreeing to buy it, he had given his acceptanced)Sahil won’t succeed since he knew that the true value of the painting was worth much moreCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of PRINCIPLE: A proposal made by one party and its acceptance by another, with the intention of establishing legal relations, is an agreement.FACTS: Sahil goes to ‘The Great Indian Bargain’, an exhibition held in the Gymkhana grounds of Mumbai, where the producers sell their products at great discounts. Here, he comes across the window of a shop where a beautiful painting is placed along with a board which says ‘Paintings for Rs. 500’. Knowing the real value of the painting to be much more than Rs. 500, Sahil rushes inside and asks the seller to sell him the painting immediately. The seller refuses to sell him the painting. Sahil sues the seller, claiming that he had breached the contract.Q. Which of the following is true?a)Sahil will succeed since the marked price of the painting was Rs. 500b)Sahil won’t succeed since the marked price was merely an invitation to offerc)Sahil will succeed since the marked price was an offer, and by agreeing to buy it, he had given his acceptanced)Sahil won’t succeed since he knew that the true value of the painting was worth much moreCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice PRINCIPLE: A proposal made by one party and its acceptance by another, with the intention of establishing legal relations, is an agreement.FACTS: Sahil goes to ‘The Great Indian Bargain’, an exhibition held in the Gymkhana grounds of Mumbai, where the producers sell their products at great discounts. Here, he comes across the window of a shop where a beautiful painting is placed along with a board which says ‘Paintings for Rs. 500’. Knowing the real value of the painting to be much more than Rs. 500, Sahil rushes inside and asks the seller to sell him the painting immediately. The seller refuses to sell him the painting. Sahil sues the seller, claiming that he had breached the contract.Q. Which of the following is true?a)Sahil will succeed since the marked price of the painting was Rs. 500b)Sahil won’t succeed since the marked price was merely an invitation to offerc)Sahil will succeed since the marked price was an offer, and by agreeing to buy it, he had given his acceptanced)Sahil won’t succeed since he knew that the true value of the painting was worth much moreCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice CLAT tests.