Legal Principle:1. Once a person accepts another’s offer and signifies such acceptance to the former, a contract comes into existence between them.2. Uncertain agreements are void agreements.3. Rejected offers can be accepted only if renewed. Factual Situation: Bakshi wanted to purchase a particular land. He sent a letter to his cousin, Dutt, offering him 4 lakhs for it. Dutt replied that he would not sell it below 5 lakhs. Bakshi communicated his willingness to pay this amount. Dutt did not sell the land to Bakshi. Bakshi sued him for breach of contract. Decision:

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Legal Principle:<br />1. Once a person accepts another’s offer and signifies such acceptance to the former, a contract comes into existence between them.<br />2. Uncertain agreements are void agreements.<br />3. Rejected offers can be accepted only if renewed. Factual Situation: Bakshi wanted to purchase a particular land. He sent a letter to his cousin, Dutt, offering him 4 lakhs for it. Dutt replied that he would not sell it below 5 lakhs. Bakshi communicated his willingness to pay this amount. Dutt did not sell the land to Bakshi. Bakshi sued him for breach of contract. Decision:






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