Answer to Question #332778 in Law for Lecute

Question

Ali was interested in buying Abu’s antique table fan. Ali met Abu and told him that he will

pay him RM2,000 for it. Abu said he will think about it. 2 weeks later Abu told Ali that he

will sell him the fan for RM3,000. Ali said that the price was too high

and he did not want

the fan. One week later, Ali received a bonus from his employer. He immediately contacted

Abu and told him that he will pay RM3,000 for the fan. Abu refused to give Ali the fan,

saying the price had now gone up to RM4,000. Explain to Abu

whether he is bound by any

contract to sell the fan to Ali for RM3,000? Make references to relevant case laws and

legislation

.