Karan wanted to purchase a particular land. He sent a letter to his cousin. Dutt, offering him Rs.4 lakhs for it. Dutt replied that he would not sell it below 5 lakhs. Karan communicated his willingness to pay this amount. Dutt did not sell the land to Karan. Karan sued him for breach for contract. Decide.
Dutt is liable because once he communicates an offer to Karan and Karan accepts it, a contract comes into existence
Dutt is liable as he has misled Karan by his actions
Dutt is not liable because he has rejected the offer by giving a counter offer which is also not specific
Dutt is not liable as there is no legally enforceable contract.
Dutt is not liable because he has rejected the offer by giving a counter offer which is also not specific Contract comes into existence only when an offer made is accepted. Here Dutt did not accept offer made by Karan, instead he made an unspecific offer, which cannot be assumed as offer hence there is no contract.