Question

ABC company is involved in housing construction, they buy land and builds basic budget houses and then sell these units after advertising them in the online websites. You are looking to buy a house and you have seen one you like selling at Rs. 7,500,000/- , you call ABC company and tell them that you are willing to buy the house at 6,700,000/- they agree and go through the sale.
a.) From the law of contract explain the three aspects of Offer, Acceptance and Consideration in the above scenario.
b.) Is the above sale a unilateral or a bilateral contract /offer ? explain with the definitions.

Answer 1

Answer:

A

Explanation:

they need to learn about offer and we need there acceptance and we should consider it