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#17464 - Contract Law 101 Offer - Contract Law: Formation.
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OFFER
IN BOTH
Pharmaceutical society of great Britain v
Boots Cash Chemists
Ministry for industry and commerce v Pim
Brothers
'Offers' for sale are legal terms of art which the courts will attach significance to.
They are invitations to treat
Otherwise the picking up of an item would be the acceptance and there would be no paying
Lord Goddard CJ
'he is willing to treat'
Advertisements do not amount to offers.
They are mere sales puffery
Leonard v Pepsi co
Ad on tv offering goods in return for pepsi points collected.
Over 15 pepsi points the balance can be paid for 10c per point. Boy acquired 700,000 and claimed the fighter jet.
Refused. Sued for specific performance.
Courts said ad = invitation to treat
However other factors were big in deciding whether it was an offer or not
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