Legal Question in Business Law in India

A sees a rare book displayed in a shop. It is labelled-First edition Rs 15/-. A enters the shop and puts Rs15 on the counter and asks for the book. The book seller does not agree to sell saying that the real price of the book is Rs 50/- and it had been marked as Rs 15/- by mistake. If the book seller bound to sell the book for Rs 15/-? Give reasons


Asked on 11/20/15, 10:09 pm

1 Answer from Attorneys

Fca Prashant Chavan Expert Edge LLP

21.11.2015

Dear Sir / Madam,

No, the bookseller is not bound to sell the book to A for Rs, 15/- By putting Rs, 15/- on the counter, A has only made an "offer" for sale which has to be accepted by the book seller to become a valid contract, There is no contract without acceptance of A's offer by the bookseller.

Regards,

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Answered on 11/21/15, 2:19 am


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