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Unformatted text preview: likely to be held invalid, because it is too long a period of time. a.
d. Albert read ElectroCorp’s ad in the local newspaper advertising a 4-head VCR for $89. Albert
rushed to the store to buy the VCR only to be told by the salesperson that the ad was a misprint
and the price should have been $289. Albert gave the salesperson $89 plus sales tax and
demanded the VCR.
The ad is a firm offer by the merchant and the VCR must be sold for $89.
The ad is a contract and the store must abide by terms stated in the contract.
The store must accept the price stated in the ad, but only if Albert has a copy of the ad with him.
Albert is merely making an offer to ElectroCorp to buy the VCR for $89 plus sales tax. 97.
d. Alice attends an auction during which she makes a bid on a painting. Alice’s bid is a(n):
invitation to negotiate.
a contract. 98.
d. Alice hands Henry a written offer to buy Henry’s camera for $400. In which of the followin...
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This test prep was uploaded on 03/29/2014 for the course BUL 3130 taught by Professor Schupp during the Fall '12 term at UNF.
- Fall '12
- The Lottery