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The display of articles in a showroom, indicating their prices, amounts to
- a)offer
- b)counter offer
- c)invitation to an offer
- d)mere advertisement
Correct answer is option 'C'. Can you explain this answer?
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The display of articles in a showroom, indicating their prices, amount...
The display of articles in a showroom, indicating their prices, amounts to invitation to an offer. The purpose of displaying the articles is to invite people to make an offer. An invitation to offer is not an offer but an indication of a person's willingness to negotiate a contract.
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The display of articles in a showroom, indicating their prices, amount...
Invitation to an offer
An invitation to an offer is a communication that invites the recipient to make an offer to enter into a contract. In the context of a showroom displaying articles with prices, it is considered an invitation to an offer rather than a firm offer.
Explanation:
- When articles are displayed in a showroom with prices, it is not a definite offer but an invitation for customers to make an offer to purchase the items at the indicated prices.
- The display of prices is a way to attract customers and prompt them to make offers, which can then lead to the formation of a contract.
- A counter offer, on the other hand, is a response to an offer that changes the terms of the original offer. In this case, the prices displayed are not responses to any offers but are simply indications of the prices at which the items are available.
- Mere advertisement refers to promotional material that is not intended to be an offer but rather to inform and attract customers to the products or services being advertised.
In conclusion, the display of articles in a showroom with prices represents an invitation for customers to make offers, rather than a firm offer or a counter offer.
An invitation to an offer is a communication that invites the recipient to make an offer to enter into a contract. In the context of a showroom displaying articles with prices, it is considered an invitation to an offer rather than a firm offer.
Explanation:
- When articles are displayed in a showroom with prices, it is not a definite offer but an invitation for customers to make an offer to purchase the items at the indicated prices.
- The display of prices is a way to attract customers and prompt them to make offers, which can then lead to the formation of a contract.
- A counter offer, on the other hand, is a response to an offer that changes the terms of the original offer. In this case, the prices displayed are not responses to any offers but are simply indications of the prices at which the items are available.
- Mere advertisement refers to promotional material that is not intended to be an offer but rather to inform and attract customers to the products or services being advertised.
In conclusion, the display of articles in a showroom with prices represents an invitation for customers to make offers, rather than a firm offer or a counter offer.
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The display of articles in a showroom, indicating their prices, amounts toa)offerb)counter offerc)invitation to an offerd)mere advertisementCorrect answer is option 'C'. Can you explain this answer?
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