The ad in the Real Estate Weekly read: Best offer in Toronto! 3-bedroom home in the Annex for only $700,000! This is an example of which of the following?A) Invitation to treatB) Legal offerC) Gratuitous promiseD) Bilateral contractE) Unilateral contract

Question

The ad in the Real Estate Weekly read: Best offer in Toronto! 3-bedroom home in the Annex for only $700,000! This is an example of which of the following?A)  Invitation to treatB)  Legal offerC)  Gratuitous promiseD)  Bilateral contractE)  Unilateral contract

Krystal Lindsey · Accepted Answer

Final Answer : A, Explanation :  An invitation to treat is an invitation for customers to submit an offer, and the ad in the Real Estate Weekly is exactly that. It invites potential buyers to make offers on the property, but it does not constitute a legal offer that could be accepted to form a contract.

The ad in the Real Estate Weekly read: "Best offer in Toronto! 3-bedroom home in the Annex for only $700,000!" This is an example of which of the following?

A) Invitation to treat
B) Legal offer
C) Gratuitous promise
D) Bilateral contract
E) Unilateral contract

Definitions

Learning Objectives

Learning Objectives

Related questions

The ad in the Real Estate Weekly read: "Best offer in Toronto! 3-bedroom home in the Annex for only $700,000!" This is an example of which of the following?A) Invitation to treatB) Legal offerC) Gratuitous promiseD) Bilateral contractE) Unilateral contract

Definitions

Learning Objectives

Learning Objectives

Related questions

The ad in the Real Estate Weekly read: "Best offer in Toronto! 3-bedroom home in the Annex for only $700,000!" This is an example of which of the following?

A) Invitation to treat
B) Legal offer
C) Gratuitous promise
D) Bilateral contract
E) Unilateral contract