Asked by
Cassandra Cochran
on Nov 10, 2024Verified
An ad in the newspaper providing for a reward for a lost dog is an example of an invitation to treat.
Invitation To Treat
An Invitation to Treat is a legal expression signaling the initiation of negotiations, inviting offers which can then be accepted or rejected by the party issuing the invitation.
Reward
An offer of compensation for providing assistance, such as returning lost property or providing information leading to fulfilling certain conditions.
- Attain insight into the elementary principles of offer, acceptance, and consideration in the inception of contracts.
Verified Answer
EL
Learning Objectives
- Attain insight into the elementary principles of offer, acceptance, and consideration in the inception of contracts.