- 1 Marks
Question
An advertisement of auction sale and request for bids is an example of ____________.
Answer
Invitation to treat
Explanation:
An advertisement for an auction or request for bids is legally regarded as an invitation to treat, not an offer. It invites others to make an offer, and only when an offer is made and accepted does a binding contract arise.
- Tags: Auction, Contracts, Invitation to Treat
- Level: Level 1
- Topic: Law of Contract
- Series: NOV 2012
- Uploader: Theophilus