Four days ago,Pete was reading the newspaper and saw the following: "Best offer in town! Zenith XX Laser Printer - $1000!" When he went to the store this afternoon and said he wanted one,the employees replied that they didn't have any left,nor could they get any.On these facts,which of the following is true?
A)Pete could sue for breach of an option contract.
B)The offer by the store had lapsed before Pete tried to accept it.
C)The wording in the newspaper was merely an invitation to the public to do business,and no contract was formed.
D)The store had revoked the offer before Pete tried to accept it.
E)Pete could sue the store for breach of contract because he was accepting the offer in the newspaper.

Question

Quizplus · Accepted Answer

The wording in the newspaper is considered an invitation to treat, not a binding offer. Therefore, no contract was formed when Pete attempted to accept it.

Four Days Ago,Pete Was Reading the Newspaper and Saw the Following