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Joginder offers to sell his scooter to Maninder for Rs. 50,000. Maninder replies, will pay Rs. 45,500 for it. Joginder refuses to sell at this

  1. Joginder offers to sell his scooter to Maninder for Rs. 50,000. Maninder replies, "will pay Rs. 45,500 for it." Joginder refuses to sell at this price. Maninder then offers to pay Rs. 50,000 to Joginder. But, Joginder refuses to sell his scooter. Discuss the position of parties.

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