An advertisement regarding a retirement benefit insurance is
a) An offer
b) An advertisement
c) An invitation to an offer
d) Declaration of an intention of an offer
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Explanation:
An advertisement regarding a retirement benefit insurance is : an offer.
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An advertisement regarding a retirement benefit insurance is an invitation to an offer
- An advertising is not considered a bid in most cases. They are viewed as an invitation to start negotiations. The explanation is that no one could ever advertise without fear of being sued if a contract was created.
- Retirement plans are insurance policies that support an individual build funds for a long period of time and provide their future with financial stability.
- Thus, since retirement plans are legal and sensitive, any ad promoting them is an invitation to an offer.
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