Legal Principle: An offer made by one party when accepted by another makes it a contract. Factual Situation: 1. P offered to sell his house for ` 20 lakhs to R; R told P that he was interested to buy a house for '15 lakhs only. 2. C was looking for a house for not more than 2. lakhs; P informed C that his house was available for 20 lakhs. 3. K wanted to buy some old furniture; L told K that he would sell his furniture for ` 10, 000. 4. R advertised to sell his old car for a price of '3 lakhs; S found the advertisement and offered to buy it for ` 2 lakhs 50 thousand; R agrees to sell it to S. Which among the above is actually a contract? (CLAT 2017)

Each question consists of legal principle(s) (hereinafter referred to as 'principle') and facts. Such proposition may or may not be true in the real and legal sense, yet you have to conclusively assume them to be true for the purposes of this section. You have to apply the principles to the given facts to arrive at the most reasonable conclusion. Only one of the alternatives, i.e., (A), (B), (C), or (D) is the most reasonable conclusion. Remember: you must not rely on any principle except the principles that are given for every question.