Wazu Textile Imports Wool from India to Britain

Multiple Choice

Wazu Textile imports wool from India to Britain. The Indian government provides subsidies to exporters of Indian raw materials. In order to make increased profits from the shipment, Wazu decides to mix its Indian wool with inferior quality wool from Nepal and declare all its wool as Indian to the Indian Government. When the wool is auctioned off at a market in Portsmouth, the two lots are separated but given the same identification numbers in the auction catalogue. Comance Co, a UK manufacturer, bids successfully at too high a price for the Nepalese wool, thinking its Indian wool. Have the parties concluded a contract?

A) No, each party contracted for a different subject-matter.
B) No, the auctioneer could not reasonably assume Comance was bidding for Nepalese wool and accept that bid.
C) Yes, the parties' actions objectively ascertained lead to the conclusion that a contract has been concluded.