Practice question
An advertisement merely invites bids and contains no contrary commitment to accept a particular bid. A bidder says 1326 necessarily obliges acceptance of the highest offer. Which is correct?
- Every advertisement mandates acceptance of every highest bid.
- The statute ordinarily treats it as an invitation to propose, absent the stated contrary indication.
- Only the bidder may define the advertiser’s assent.
- The invitation itself pays every contract price.
- No advertisement can ever invite proposals.
Legal references
- Civil Code Articles748,1306,1319-1326,1356-1368,1372,1376 and1382-1389: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
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