The question consist of two statements, one labelled as PRINCIPLE and other as FACT. You are to examine the principle and apply it to the given facts carefully and select the best option.
PRINCIPLE: When one person signifies to another his willingness to do or to abstain from doing anything, with a view to obtaining the assent of that other to such act or abstinence, he is said to make a proposal.
FACT: Ramanuj telegrammed to the Shyamsunder, writing: 'will you sell me your Rolls Royce car? Telegram the lowest cash price'. Shyamsunder replied, too by telegram: 'Lowest price for carar is Rs. 20 lakhs'. Ramanuj immediately sends his consent through telegram stating: 'I agree to buy the Car for Rs. 20 lakh asked by you'. Now Shaymsunder refused to sell the car.