Lee calan refused to sell the car for 1095 okeefe sued, Management Theories

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Lee calan refused to sell the car for 1095 okeefe sued

An advertisement appeared in the Chicago SunTimes 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).

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