Layton Fine Fashions had a shipment of orange ties that it wished to sell.On Monday, it placed the following advertisement in the town newspaper: "Fine silk orange ties.The season's hottest fashion trend.This week only-Come to Layton Fine Fashions and we guarantee that you'll pay no more than $35." The advertisement was such a success that almost all of the ties were sold within two days.Which of the following statements is most likely to be TRUE?
A) Layton's advertisement cannot be classified as an invitation to treat because Layton wants to sell, rather than buy, goods.
B) If Layton's advertisement is classified an offer, it will be revoked if Layton places a notice in the same newspaper that says: "Sorry, gentlemen-the orange silk ties are all sold out," even if some disappointed customers failed to read that notice before they came to the store.
C) If Layton's advertisement is classified an invitation to treat, then a contract cannot be created unless Layton offers to sell a tie to a customer who visits the store.
D) The advertisement can be properly classified as an option.
E) The situation probably is governed by the special rules that apply to tenders.
Correct Answer:
Verified
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