Is there a contract or if so for what price

Assignment Help Management Theories

Reference no: EM131377616

On July 31, Lee Calan Imports advertised a used Volvo station wagon for sale in theChicago Sun-Times. As part of the information for the advertisement, Lee Calan Imports instructed the newspaper to print the price of the car as $1,795.

However, due to a mistake made by the newspaper, without any fault on the part of Lee Calan Imports, the printed ad listed the price of the car as $1,095.

After reading the ad and then examining the car, O'Brien told a Lee Calan Imports salesman that he wanted to purchase the car for the advertised price of $1,095. Calan Imports refuses to sell the car to O'Brien for $1,095. Is there a contract? If so, for what price?

Reference no: EM131377616

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