Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

An advertisement appeared in the Chicago Sun-Times for the sale of a Volvo station wagon at Lee Calan Imports, Inc., for $1,095. The advertisement had

image text in transcribed
image text in transcribed
An advertisement appeared in the Chicago Sun-Times for the sale of a Volvo station wagon at Lee Calan Imports, Inc., for $1,095. The advertisement had been misprinted by the Sun-Times. The actual price of the automobile was $1,795. O'Keefe showed up at Lee Calan and said he would buy the Volvo for $1,095. Lee Calan refused to sell the car for $1,095. O'keefe sued, claiming that the advertisement was an offer that he accepted, creating a binding agreement. Was O'keefe correct? Explain. O'Keefe v. Lee Calan Imports, 262 N.E.2d 758 (IL)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Entrepreneurship

Authors: Andrew Zacharakis, William D Bygrave

5th Edition

1119563097, 9781119563099

Students also viewed these Law questions

Question

How to Calculate the Correlation Coefficient

Answered: 1 week ago