Question

In: Economics

Which of the below is not considered as an ‘invitation to treat’ (ITT) situation? A. A...

Which of the below is not considered as an ‘invitation to treat’ (ITT) situation?

A. A computer shop puts up a banner ‘Closing downClearance! Offer for Sale!’

B. A company publicises a tender announcement in the newspaper

C. A car dealer puts up an advertisement ’Toyota Yaris at RM30K.First 10 customers only’

D. A real estate agency promotes an auction in a property magazine

Solutions

Expert Solution

Ans 1: in this question when we considered an invitation to treat situation then

Option A is not considered as an invitation to treat because here seller puts up banner closing down clearance offer for sale it is a general clearance sale, not an invitation to the people to come and to make an offer and to bargain because and invitation to treat is basically an action inviting the other people to make an offer and do create a contract.

Option B is considered to be an invitation to treat because here a company publishes a tender announcement in the newspaper it means that company inviting the people to make an offer and a contract.

Option C also comes under the invitation to treat because it is an offer for first 10 customers only so it is a type of advertisement on a special display of a particular brand of a car.

Option D is the perfect example of an invitation to treat when a real estate agency promotes An auction in a property magazine.

Therefore after considering all the options in the given question option A is the best answer in this situation.


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Give me an example of invitation to offer
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