Mary, a newly engaged woman, saw an advertisement in a bridal magazine for a beautiful pearl necklace priced at $49.99 from Precious Jewelers. She thought the necklace would be a wonderful present for her bridesmaids, so she ordered 4 necklaces from Precious Jewelers. After a few weeks, Mary received a letter, along with her returned check from Precious Jewelers. The letter stated that the jeweler was sorry they could not fill her order because they had been overwhelmed with so many requests that their supply of necklaces ran out very quickly.

a. List the 3 elements of an offer.

b. Did Precious Jewelers make an offer when they placed the ad in the magazine? Why or why not?

c. What will be the likely outcome if Mary sues Precious Jewelers to force them to fill her order? Explain your answer.