True or False. April put an advertisement in the newspaper advertising the sale of her computer for $500. Simultaneously, six people responded to the ad by mail with formal written acceptances. April is bound on all six contracts to sell her computer for $500.

Question

Corbin Bender

Business

13 May, 10:25

True or False. April put an advertisement in the newspaper advertising the sale of her computer for $500. Simultaneously, six people responded to the ad by mail with formal written acceptances. April is bound on all six contracts to sell her computer for $500.

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Answers (1)

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Archie · Answer 1

False

Explanation:

First of all, advertisements are not formal offers, they are considered invitations to negotiate. So no contract can exist based on an advertisement.

Besides that, April's ad was about one computer being sold. Even if the six people contact her and start negotiations, she only needs to accept one offer.