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Law · Q1311

Indian Contract Act

Graduate and Post Graduate · Law · question 1311

Q1311

Consider the following statements: 1. An auctioneer's announcement to sell an artifact through auction on a certain day is not an offer but only an invitation to offer. 2. The highest bid in an auction is merely an offer which an auctioneer mayor may not accept. Which of the statements given above is/are correct?

A.
1 only
B.
2 only
C.
Both 1 and 2
Answer
D.
Neither 1 nor 2

Answer: Option C

Solution

Answer: Option C
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