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Joginderoffers to sell his scooter to Maninder for Rs. 50,000. Maninder replies, I will pay Rs. 45,500 for it. Joginder refuses to sell atthis price.

Joginderoffers to sell his scooter to Maninder for Rs. 50,000. Maninder replies, "I will pay Rs. 45,500 for it." Joginder refuses to sell atthis price. Maninder then offers to pay Rs. 50,000 toJoginder. But, Joginderrefuses to sell his scooter. Discuss the position of parties.

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