In the daily newspaper, Webber Motor Company advertised a new convertible at a special reduced price. When Luhr tried to purchase one at the advertised price, Webber's salesperson stated that they had only one of that model and that it had already been sold. Luhr insisted that Webber Motor Company must sell him one at the reduced price, as he was accepting their newspaper offer. Is Luhr correct?
A) Yes; an advertisement in a newspaper is a communicated offer to all customers who wish to accept the offer.
B) Yes; all advertisements are general offers that result in binding agreements when accepted by customers.
C) No; newspaper advertisements are only invitations to customers to make an offer.
D) No; advertisements are offers, but they do not have to be accepted by the advertiser once the product is sold out.
Correct Answer:
Verified
Q11: If the offeror does not insist on
Q12: The statement "I would like to sell
Q13: Silence can never indicate acceptance of an
Q14: Anyone who knows of an offer can
Q15: Of the following, the one that is
Q17: The offeror has the right to specify
Q18: For an acceptance to be effective,
A) it
Q19: Tydings Auto Center advertised in the local
Q20: An offeree who makes a counteroffer becomes
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