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UNCISG – Offer/Invitation

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › UNCISG – Offer/Invitation

  • This topic has 3 replies, 2 voices, and was last updated 4 years ago by MikeLittle.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • July 25, 2020 at 9:18 pm #578056
    cristine
    Participant
    • Topics: 2
    • Replies: 2
    • ☆

    Hello,

    I saw in the UNCISG video that goods in the supermarket and shop windows are invitations, not offers, and I kind of have a hard time wrapping my head around this.
    The explication in the video is that, in supermarket for example, the price listed next to an item is not necessarily the final price (the example was cornflakes for 20c, while at counter they were 2 dollars). I can understand this being true in a shop where negotiations are happening while buying a product, but not in a supermarket where prices are fixed (I have never been in the situation where the price at the counter differed from the one on shelf). I know this is just an example and buying items for personal use, but I’m trying to understand the point through this.

    I can imagine the situation where you, as a company, buy items from supermarket and depending on the volume you get different prices (x$ for yQ, w$ for zQ) but to me these also seem to be offers, not invitations, because you can accept without needing to make an offer. At best you can make a counteroffer.

    Can you maybe help me with another example or expand this one more?

    Thank you,
    Cristi

    July 26, 2020 at 5:31 am #578071
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23300
    • ☆☆☆☆☆

    Cristi, you’re right! It does seem to be back-to-front

    But I have to say that what I’ve said on the video and in the notes is correct

    For the definitive case, look up Pharmaceutical Society of Great Britain v Boots Cash Chemists (Southern) Ltd

    Incidentally, there are similar situations within the law where Courts have made decisions that are not (at least to me) immediately obvious. But maybe that’s why I’m an accountant and not a High Court judge!

    When you’ve read about the Boots case, if you’re still not happy, post again

    OK?

    July 26, 2020 at 10:29 am #578094
    cristine
    Participant
    • Topics: 2
    • Replies: 2
    • ☆

    Hi Mike, thank you for the response.

    Yes, this case makes the whole situation have more sense.

    Thanks again!

    July 27, 2020 at 6:30 am #578145
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23300
    • ☆☆☆☆☆

    You’re welcome

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