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OFFER or ITT

Forums › ACCA Forums › ACCA LW Corporate and Business Law Forums › OFFER or ITT

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by mrjonbain.
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  • October 23, 2017 at 7:35 pm #412969
    nichani
    Participant
    • Topics: 7
    • Replies: 25
    • ☆

    If a notice displays “High Quality Chairs for £500 each only available for one day” – will this be an offer or ITT? Thanks

    October 27, 2017 at 5:55 pm #413436
    mrjonbain
    Moderator
    • Topics: 6
    • Replies: 2471
    • ☆☆☆☆☆

    I would say invitation to treat since the reference to high quality chairs seems in my opinion like a general reference rather than a willingness to be around on specific terms required to be a legal offer.This is ,however,an arguable point.I am curious as to where you received this question.

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