Business Studies, asked by dasmohon998, 7 months ago

an invitation to offer is not an offer. explain​

Answers

Answered by Aғiғa
4

Answer:

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Answered by Anonymous
5

Yes, an invitation to offer is not an offer.

  • According to Indian Contract Act 1872, section 2(a), Until a person makes a clear and direct approach to another party to contract, an invitation to treat is not an offer.
  • It is not a formal offer, but rather a statement of a person's readiness to enter into contract negotiations.
  • An offer is made when one person expresses their readiness to do or refrain from something to gain the approval of another person.
  • When a person takes an item to the register and communicate that they are making an offer, that is an example of an offer. When a store clerk accepts the acceptance, the item is sold.
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