Asked by Nicol Quezada on Jul 09, 2024
Verified
Paulette Paulson Furs advertises mink coats for sale at 30% off. The demand was much greater than anyone could have predicted, and 14 people who came to the store could not be provided with one of the sale coats. Since they had accepted Paulson's offer, she will have to find coats for them or be in breach of their contracts.
Breach of Contract
Not adhering to any provision of a contract, both in written form or orally, without a legal rationale.
- Ascertain the situations in which an advertisement is considered an offer or an invitation to treat.
- Comprehend the consequences of violating a contract and the available solutions.
Verified Answer
CJ
Chang Jing YeeJul 15, 2024
Final Answer :
False
Explanation :
Advertising a product at a certain price is generally considered an invitation to treat, not a formal offer that leads to a binding contract when accepted by a customer. Therefore, if the store runs out of the advertised product, they are not legally obligated to provide it to customers who arrive after stock is depleted.
Learning Objectives
- Ascertain the situations in which an advertisement is considered an offer or an invitation to treat.
- Comprehend the consequences of violating a contract and the available solutions.