Consider the following statements: 1. A shopkeeper's catalogue of price is not an offer. 2. An…
Both statements describe invitations to treat. A shopkeeper's price catalogue ordinarily invites customers to submit offers; an order still needs acceptance before a…
Choose your answer
Consider the following statements:
1. A shopkeeper's catalogue of price is not an offer.
2. An auctioneer's announcement that specified goods will be sold by auction on a certain day is not an offer to hold the auction.
Which of the statements given above is/are correct?
Answer and explanation
Correct answer C
Both statements describe invitations to treat. A shopkeeper's price catalogue ordinarily invites customers to submit offers; an order still needs acceptance before a contract forms. Announcing a future auction similarly invites attendance and bids without by itself promising that the auction will be held. A binding promise requires the additional intention to accept a legal obligation.
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