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Author Question: Four days ago, Pete was reading the newspaper and saw the following: "Best offer in town! Zenith XX ... (Read 28 times)

notis

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on: Aug 7, 2021

Question 1

An ad in the morning paper reads: "Brand new 2012 Ford Escorts $16 499. No payment until January 2012. We make your first payment." This is an example of which of the following?
◦ gratuitous promise
◦ invitation to treat
◦ bilateral contract
◦ offer
◦ unilateral contract

Question 2

Four days ago, Pete was reading the newspaper and saw the following: "Best offer in town! Zenith XX Laser Printer—$1000!" When he went to the store this afternoon and said he wanted one, the employees replied that they didn't have any left, nor could they get any. On these facts, which of the following is true?
◦ Pete could sue the store for breach of contract because he was accepting the offer in the newspaper.
◦ The store had revoked the offer before Pete tried to accept it.
◦ Pete could sue for breach of an option contract.
◦ The offer by the store had lapsed before Pete tried to accept it.
◦ The wording in the newspaper was merely an invitation to the public to do business, and no contract was formed.
Legal Fundamentals for Canadian Business ¦ Yates ¦ 4th Edition
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Marked as best answer by notis on Aug 7, 2021

amcvicar

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Reply #1 on: Aug 7, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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notis

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Reply 2 on: Aug 7, 2021
YES! Correct, THANKS for helping me on my review

phuda

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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