Mr. A advertises in a daily newspaper that he will give a prize of Rs. 90,000 to the first person to swim the English channel and back during the month of August. F, who has read the advertisement, sets off from Dower on 1st August and reaches the coast of Fracne on 2nd August. On that day, a further advertisement appears in the same newspaper stating that the offer of the prize has been withdrawn. On 3rd August, F completes the return swim to England can F recover the prize.
A. Yes, as the second advertisement is ineffective so for as F is concerned
B. No, as the offer was revocated
C. F can only claim for damages
D. None of the above
Answer: Option A
This Question Belongs to Commerce >> Legal Aspects Of Business
Related Questions on Legal Aspects of Business
A. 5 years imprisonment or 5 lakh rupees penalty or both
B. Life imprisonment
C. 3 years imprisonment or 2 lakh rupees penalty or both
D. None of the above
A. Proposal
B. Promise
C. Contract
D. None of these
What aspect of a patented product is tested by PCT?
A. Priority
B. Novelty
C. Exclusivity
D. Commercial value
The Competition Act, 2002 seeks to regulate
A. Anti-competitive agreements
B. Mergers and amalgamation
C. Unfair trade practices
D. Both A and B
Join The Discussion