Invitations and Offers



An Invitation to Offer is an act before an offer, in which one person induces another person to make an offer to him, it is known as invitation to offer. When appropriately responded by the other party, an invitation to offer results in an offer. It is made to the general public with intent to receive offers and negotiate the terms on which the contract is created.
The invitation to offer is made to inform the public, the terms and conditions on which a person is interested in entering into a contract with the other party. Although the former party is not an offeror as he is not making an offer instead, he is stimulating people to offer him. Therefore, the acceptance does not amount to a contract, but an offer. When the former party accepts, the offer made by the other parties, it becomes a contract, which is binding on the parties.
Example:
  • Menu card of a restaurant showing the prices of food items.
  • Railway timetable on which the train timings and fares are shown.
  • Government Tender
  • A Company invites application from public to subscribe for its shares.
  • Recruitment advertisement inviting application.

Read more: http://keydifferences.com/difference-between-offer-and-invitation-to-offer.html#ixzz4R2RjhWYn

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