An advertisement in a paper states: "first come first served, two new BMX bikes, $150 apiece. Doors open at 10:00 a.m." Would the advertisement be treated as a valid offer?
A) No, because an advertisement is never treated as an offer.
B) Yes, because the advertisement specifies a limited quantity and provides a specific means by which the offer can be accepted.
C) Yes, because the advertisement is treated as an offer if the ad specifies a price that it is willing to sell a product for.
D) No, because the advertisement doesn't say "THIS IS AN OFFER."
E) Yes, because an advertisement placed in a newspaper is always treated as an offer.

Question

Quizplus · Accepted Answer

The advertisement is treated as a valid offer because it specifies a limited quantity (two new BMX bikes) and provides a specific means by which the offer can be accepted (first come first served, doors open at 10:00 a.m.), making it clear and definite enough to be considered an offer.

An Advertisement in a Paper States: "First Come First Served