Exercises · Q4
Q.Distinguish between an Offer and an Invitation to Offer.
Puducherry TnboardTextbookSubjectiveImportance★★★★★est
18% · 4/22 Questions
You're viewing a preview — the full solution, concept, methods & PYQ mapping are locked.
Start your 14-day free trial to unlock the full solution →| Basis | Offer | Invitation to Offer |
|---|---|---|
| Legal effect | Once accepted, results in a binding contract | Only invites the other party to make an offer |
| Who is bound? | The offeror, once acceptance is communicated | Neither party, until an actual offer made in response is accepted |
| Example | 'I will sell you my bicycle for ₹3,000' | Goods displayed in a shop window with price tags; a newspaper advertisement; a tender notice; a menu card |
| Freedom to refuse | Offeror cannot refuse once validly accepted | The shopkeeper/advertiser can refuse the customer's resulting offer to buy |
Unlock everything free for 14 days
- Full step-by-step solutions
- Concept-first explanations
- Methods, shortcuts & mistakes
- PYQ mapping + timed mock tests
Full access for 14 days. No credit card required.