A customer went into a store and saw a beautiful leather jacket bearing a price tag of $29. The customer handed the cashier a $50 bill and said, "I accept. We have a deal." The cashier then noticed the price tag and told the customer an error had been made and that the price was $229. In this case:
A) the customer validly accepted the store's offer.
B) the price tag was a firm offer.
C) no contract was formed because the customer's offer was refused.
D) the customer is the offeree.

Question

Quizplus · Accepted Answer

No contract was formed because the store did not accept the customer's offer to buy the jacket at the incorrect price. The store's price tag was not a binding offer, and the cashier's refusal means no acceptance occurred.

A Customer Went into a Store and Saw a Beautiful