CA Neeraj Bansal (credit manager of icici bank) 29 December 2007
1. colleteral contract related with an illeagal contract is void, but is it also illeagal?
2.If a bus is there standing at a bus stand ,is it giving offer for contract or is it an invitation for offer.
Plz Confirm me same and oblige
CAclubindia Online Learning offers a wide variety of online classes and video lectures for various professional courses such as CA, CS, CMA, CISA as well as various certification courses on GST, Transfer Pricing, International Taxation, Excel, Tally, FM, Ind AS and more. know more
Adv. S Sharma (Lawyer) 29 December 2007
hi Ans. of urs 2nd question it's an invitation bt as soon as u collect the ticket by paying consideration it become the contract between the contractee nd contractor (means between u nd applicable authority of that bus)