Advertisement and decides to go and inspect the car


On the 10th of January, Mark placed an advertisement in the local newspaper to sell his car for $20,000. The advertisement also stated that the seller was willing to consider ‘an offer close to $20,000.' James sees the advertisement and decides to go and inspect the car the next day.

Upon inspecting the car, James decides that this was the ‘Dream Car' he wanted. The only problem that James faces is that he could only come up with $18,000 cash. He makes an offer of $18,000 to Mark to which Mark replies, "That is far too low than what I expected, I'm sorry." He tells James, "I will sell the car to you for $19,000, why don't you discuss this at home and let me know."

On 18th of January, James finds out that the car has been sold for $18,000.

James feels cheated and he now consult you for Advice.

Advice James as to his rights (if any) under Contacts law. Refer to relevant cases to support your answer.

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Accounting Basics: Advertisement and decides to go and inspect the car
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