MCQOPTIONS
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| 1. |
Legal Principle : The notice for auction or sale of goods is only an invitation to offer, and not an offer in itself under the law of contract. Facts of the Problem : Uday puts up an advertisement in front of his house of selling the house at the price of Rs. 50 lakhs. Saif sees that advertisement and goes to Uday with the money to buy the house. Uday refuses to sell the house to Saif. Saif sues Uday for the breach of the contract. Decide? |
| A. | Uday must sell his house to Saif at the advertised price. |
| B. | Saif would be able to get damages from Uday for the breach of contract. |
| C. | No legal remedy is available to Saif as the advertisement for the sale of the house was a mere invitation to offer. |
| D. | The court could decide the right price for the sale of the house by Uday. |
| Answer» D. The court could decide the right price for the sale of the house by Uday. | |