Invitation To Trade or Offer

"You lost your wallet and then you post in the facebook group seeking the help that whoever manages to return her wallet, you will give $100" Is it Invitation To Trade or Offer

(edited 6 years ago)

Reply 1

Miss-sort-it-out

5

Firstly you said lost Wallet, and then return cellphone? This is an offer btw

Reply 2

NyamNyamGans

OP

2

Can you please explain to me why it is offer? And thanks for the information ^^

Original post by Miss-sort-it-out

Firstly you said lost Wallet, and then return cellphone? This is an offer btw

Reply 3

<..........>

19

Original post by NyamNyamGans

Can you please explain to me why it is offer? And thanks for the information ^^

An invitation to treat is when a party invites other parties to make them an offer: propose the terms of an exchange, money for goods/services (usually).

In your example though, the party is advertising that they will pay £100 to any party who returns their wallet and is prepared to be bound by those terms. The party could cancel their offer by retracting the statement, there are some other legal principles at play in this too mind you, but for so long as it exists, it exists as an offer.

Reply 4

NyamNyamGans

OP

2

if this post already deleted and someone gives the wallet after the post deleted, we can say that the offer is not valid. Is this statement true?

Original post by Johnathan94

An invitation to treat is when a party invites other parties to make them an offer: propose the terms of an exchange, money for goods/services (usually).

In your example though, the party is advertising that they will pay £100 to any party who returns their wallet and is prepared to be bound by those terms. The party could cancel their offer by retracting the statement, there are some other legal principles at play in this too mind you, but for so long as it exists, it exists as an offer.

Reply 5

<..........>

19

Original post by NyamNyamGans

if this post already deleted and someone gives the wallet after the post deleted, we can say that the offer is not valid. Is this statement true?

That would qualify as revocation - the offer is withdrawn by the offerer before it has been accepted by another party. Case: Payne v Cave

The one caveat that I can see in this circumstance is that it would need to be seen to have been communicated in an effective manner. So for example, if you post on Facebook that you'll pay the £100 but then communicate your retraction of that offer by writing a message on the inside of your fridge - that's not going to cut it unless you have some reason to expect that the person will be able to see it.

Invitation To Trade or Offer

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