Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Critically analyze the following statements/situations from legal point of view and give reasons. (i) Ravish, a prominent citizen, promises to pay Rs. 50,000 to a

Critically analyze the following statements/situations from legal point of view and give reasons.

(i) Ravish, a prominent citizen, promises to pay Rs. 50,000 to a school run by a charitable trust to support the handicapped students. The school wanted to upgrade the sports facilities for the students. The school, on the basis of this promise made by Ravish, called for tenders and took some steps to buy some equipment. Later, Ravish refuses to abide by the promise. Do you think the Ravish can enforce the payment?

(ii) Ramesh has a fleet of cars and wants to sell a particular Black car of Maruti, but Suresh the buyer understands it as a Black car manufactured by Hyundai. Do you think a contract can come into existence under this situation?

NOTE-PLZ ANSWER THIS QUESTION BRIEFLY. IF YOUR ANSWER WILL BE ACCORDINGLY I WILL SURELY GIVE AN UPVOTE. MOREOVER PLZ ANSWER THIS QUICKLY AND DO NOT DELAY..

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Ready Notes For Use With Managerial Accounting

Authors: Ronald W. Hilton

4th Edition

0073656518, 978-0073656519

More Books

Students also viewed these Accounting questions

Question

=+4. What products or services does your key public commonly use?

Answered: 1 week ago

Question

LO2 Explain the nature of the psychological contract.

Answered: 1 week ago