Pedro and Seamus were chatting during the break between classes. “Remember, ‘Great Moments in Sports,’ the video that I showed you last week?” asked Pedro. “You thought it was great and said you wished it was your. I’ll let you have it for fifteen bucks. Want it? “Sure!” Seamus answered. “Bring it to school tomorrow, okay?”
Anchor’s Aweigh, a boat retailer, placed an ad in a local newspaper announcing a one-day sale of cabin cruisers for the “bargain price” of $22,500 each. The dealer had five cruisers in stock, and they all were sold within one hour. During the rest of the day, seven other would-be buyers came in to purchase a bargain cruiser.
Did the Anchors Aweigh advertisement make offers to the would-be buyers?
Melissa offered her collection of baseball cards for sale for $3,000 to her friend and fellow collector, Raoul. Raoul asked if he could think it over and Melissa agreed. While Raoul was trying to raise the money, Melissa has second thoughts. So she called Raoul and said I’ve changed my mind. I’m not interested in selling the cards. Raoul responded, “it’s too late, you promised to sell them to me and I’ve got the money, so I accept.
Was Melissa’s offer terminated before Raoul tried to accept?