Prasad made an oral contract with Ajay to sell his 7 acres of farming land situated in Kurnool for
Rs. 10 lakhs per acre. The very next day, Andhra Pradesh Government announced Kurnool as a
Judicial Capital which results in sudden hike of land prices. By knowing this, Prasad changed his
mind to sell his land to Ajay. Ajay filed a suit against Prasad on account of breach of contract. By
referring to the provisions of the Indian Contract Act, 1872, State whether the suit made by
Ajay is
enforceable or not.
I need detailed explanation
urgent
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Answer:
No ,it is not right because they had just an oral contract.oral contact does not mean.The thing is world of moth can be changed however it's businessmen society whose gives priority to profitable making . so it is not enforceable.
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