Serafina's Boutique places an ad in the Sunday paper for finely tailored, top-of-the-line designer suits for $10.00, which is a misprint. Alice sees the ad in the paper and goes to the store to stock up on business suits for her new job. Serafina apologizes for the misprint. Alice has just finished a class in contract law and insists that the store sell her five suits for $50. Alice threatens to sue Serafina for breach of contract.
A) This is a valid contract based on commercial reasonableness.
B) The ad in the newspaper is an offer to sell, Alice accepted the offer, and there is an enforceable contract.
C) The ad in the newspaper is a solicitation seeking offers, but is not an offer to sell; therefore, Alice will not be able to successfully sue for breach of contract.
D) Serafina must sell Alice a suit for $10, but is only obligated to sell her one suit, not five.
Correct Answer:
Verified
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