Ming runs a hair salon. Ming decides to promote the business by advertising a special offer' in the local paper. The advertisement states that haircuts are available for as low as $10 subject to availability. 50 people immediately arrive at the salon asking for a $10 haircut. Ming is overwhelmed by the response and realizes the salon will lose a lot of money. He refuses to serve customers unless he is paid the usual $60 for a professional haircut. Advise Ming. Use IRAC Method with reference to common law rules and past case law. In your answer, make sure you address the following matters:

-Define an offer. Is the newspaper advertisement an invitation to treat or an offer?

-Distinguish between the two.

-Did an agreement take place between Ming and the 50 people?

-Define consideration. Could Ming argue that paying $10 is insufficient as consideration for the promise of what would normally be a $60 haircut?