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Ch 07 Discussion

Ch 07 Discussion

Q Sanderson Mart ran an advertisement in the Daily Tribune that stated, "Special offer to our customers - 3/8 in Electric Hand Drills, Saturday only - $14.99, only 100 in stock, while they last! Be here when we open for the bargain of the year!" Cruz arrived at the store at 8:00 a.m., when the store opened. The salesperson refused to sell him an electric drill, claiming that he had only 2 in stock and those were already set aside for another customer and besides, the advertisement was not really a binding offer. Will Sanderson be required to sell the electric drill for the advertised price?

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This is a case where there is a requirement of considering whether an offer is a valid one or not. There are several requirements of an offer. First of all, an offer must fulfill the condition of being seriously intended by a particular seller so that particular seller is bound by the serious intention made in the offer (Liuzzo & Bonnice, 2016). Thereafter, the offer must fulfill the condition of being clear in its terms and conditions so that the customers or the receivers of the offer do not have problems or issues in understanding or comprehending the terms and conditions of the offer (Liuzzo & Bonnice, 2016).