A offers to sell his car for Rs 50 000 to B B says he would buy it for Rs 40 000 This is a case of ........

Indian Contract Act (ICA)1872 Performance of a Contract

A offers to sell his car for Rs. 50,000 to B.B says he would buy it for Rs. 40,000. This is a case of

Counter offers

Implied offers

Direct offers

Express offers

- Option 1: Counter Offers

- A counter offer occurs when a person responds to an offer with a different proposal.

- In this case, B’s response to A’s offer by suggesting Rs. 40,000 instead of Rs. 50,000 is a counter offer.

- A counter offer effectively rejects the original offer.

- Option 2: Implied Offers

- These are offers that are not expressed directly but can be inferred from actions or circumstances.

- This scenario does not fit implied offers, as the negotiations are explicit.

- Option 3: Direct Offers

- A direct offer is a clear and straightforward proposition made by one party to another.

- A's original offer is direct, but B’s response is not in this category.

- Option 4: Express Offers

- These are offers clearly stated in written or spoken words.

- A’s and B’s statements in this context are express, but the focus is on B’s counter offer.

Correct Answer: Option 1 - Counter Offers

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