1. Discuss the law relating to communication of offer, acceptance and revocation under
Section 4 and Section 5 of the Indian Contract Act.
Consideration may move or flow from the promisee or any other person. Elucidate,
A buys from Y a painting which both believe to be the work of an old master and for
which A pays a high price. The painting turns out to be only a modern copy. Discuss
the validity of the contract? Will the answer be different if Y knows that the painting
is a modern copy of the master copy and presents it as the work of an old master.
Discuss
?
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