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contract Law - Invitation to treat

what is an invitation to treat? In the simplest of terms

An ITT is an invitation for consumers to make an offer, but it is not in itself an offer. The seller is merely inviting offers and is therefore not bound in contract to sell. Seller at this point has the right to freely accept or decline offers at their own discretion. Whereas if a seller made an “offer” he would be bound in a contract to sell, as long as the buyer met the terms.

(edited 3 years ago)

Reply 2

LearudyBE

Do you know any case law with that on the top of your head?

Because The case I can think of but Just having trouble understanding is Fisher v Bell 1961.

In the shop window, there was a flip knife with a price tag on it. A police offer saw the display and wanted to purchase the flip knife. To accept the contract.

In this case, is the knife being with the price tag the Invitation to treat?

are displays and adverts invitations to treat?

Reply 3

LearudyBE

You wouldn't happen to know any case law that can help discuss the key elements required to form a contract by chance?

Like legal offer and acceptance.