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  • Name/roll No:: Case Study

    Загружено:

    Naresh Hariyani
    14 просмотров1 страница
    The regional manager of a refrigerator company explained to Sumit, who wanted to buy refrigerators for a new hotel, that orders over 5 lakhs rupees would receive a special discounted rate. Sumit placed an order totaling over 5 lakhs rupees. The manager said he would give acceptance subject to confirmation from head office. Sumit deposited a 25,000 rupee advance that was refundable if head office did not confirm. The next day, Sumit withdrew the order and asked for his advance back, but the manager refused, saying the order was accepted pending head office confirmation.

    Исходное описание:

    LAM

    Оригинальное название

    Offer and Acceptance

    Авторское право

    © © All Rights Reserved

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    The regional manager of a refrigerator company explained to Sumit, who wanted to buy refrigerators for a new hotel, that orders over 5 lakhs rupees would receive a special discounted rate. Sumit placed an order totaling over 5 lakhs rupees. The manager said he would give acceptance subject to confirmation from head office. Sumit deposited a 25,000 rupee advance that was refundable if head office did not confirm. The next day, Sumit withdrew the order and asked for his advance back, but the manager refused, saying the order was accepted pending head office confirmation.

    Авторское право:

    © All Rights Reserved
    Скачайте в формате PDF, TXT или читайте онлайн в Scribd
    Отметить как неприемлемый контент
    14 просмотров1 страница

    Name/roll No:: Case Study

    Загружено:

    Naresh Hariyani
    The regional manager of a refrigerator company explained to Sumit, who wanted to buy refrigerators for a new hotel, that orders over 5 lakhs rupees would receive a special discounted rate. Sumit placed an order totaling over 5 lakhs rupees. The manager said he would give acceptance subject to confirmation from head office. Sumit deposited a 25,000 rupee advance that was refundable if head office did not confirm. The next day, Sumit withdrew the order and asked for his advance back, but the manager refused, saying the order was accepted pending head office confirmation.

    Авторское право:

    © All Rights Reserved
    Скачайте в формате PDF, TXT или читайте онлайн в Scribd
    Отметить как неприемлемый контент
    из 1

    Name/roll no:

    Case Study
    A company manufacturing refrigerators had a scheme wherein a person buying
    refrigerators worth 5 lakhs or more get a special concessional rate for the refrigerators.
    Sumit was setting up a hotel and wanted to buy several refrigerators. He went to the
    regional marketing manager of the company in his town and placed an order for his
    requirements totaling more than Rs. 5 lakhs. The manager explained the arrangement to
    sumit. To sumits offer, he would give an acceptance, subject to confirmation by the head
    office.
    Sumit was required to deposit an advance of Rs. 25,000/-. The amount was refundable, if
    the acceptance was not confirmed by the head office. Sumit learnt that the company was
    using the scheme to clear out old inventories. Sumit went to the manager the next
    morning and gave it to him in writing that he was withdrawing the order placed with
    them the previous day, and the advance of Rs. 25,000/-may kindly be refunded
    immediately to him. The manager insisted that the order could not be withdrawn as it has
    been accepted. It only needs to be confirmed by the head office. Therefore, he refused to
    pay back.
    Decide

    Answer:
    No Acceptance by the company as per term of agreement
    Reason:
    No Valid Acceptance:

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