The Johnsons decided to sell their summer cabin on Beech Lake. They sent flyers out to all who previously had expressed an interest in buying the cabin stating that they were planning on selling their cabin. The flyer described the location of the property, the size of the lot, and the price. If one of the recipients responds by sending a letter accepting, an agreement

a. will not be formed because the flyer was sent out as an invitation to negotiate.

b. will be formed because the first to respond gets the property.

c. will be formed because the price is included.

d. will not be formed because of the parole evidence rule.

Question

Business

Sienna Zhang

8 July, 15:20

The Johnsons decided to sell their summer cabin on Beech Lake. They sent flyers out to all who previously had expressed an interest in buying the cabin stating that they were planning on selling their cabin. The flyer described the location of the property, the size of the lot, and the price. If one of the recipients responds by sending a letter accepting, an agreement

a. will not be formed because the flyer was sent out as an invitation to negotiate.

b. will be formed because the first to respond gets the property.

c. will be formed because the price is included.

d. will not be formed because of the parole evidence rule.

+2

Answers (1)

Know the Answer?

Zaire Mason · Answer 1

The answer is: A) will not be formed because the flyer was sent out as an invitation to negotiate.

Explanation:

A flyer sent out to potential customers or buyers is an invitation for them to start negotiating a sale.

For example you receive a flyer on the street offering to sell TVs with a 15% discount. That doesn't mean you are going to buy the TV, but that you invited to approach the store and look for a TV you like and hopefully buy it. There even exists the possibility that the store ran out of TVs by the time you decide to go look for one, and that doesn't entitle you to sue them for not selling a TV to you.