The ad in the Real Estate Weekly read: "Best offer in Toronto! 3-bedroom home in the Annex for only $300,000!" This is an example of which of the following?
A) Bilateral contract
B) Unilateral contract
C) Legal offer
D) Invitation to treat
E) Gratuitous promise

Question

Quizplus · Accepted Answer

The advertisement is an invitation to treat, which is an invitation to make an offer or start negotiations. It is not a legal offer that can be accepted to create a binding contract.

The Ad in the Real Estate Weekly Read: "Best Offer