Contract law: invitations to treat (1). An invitation to treat is an invitation for customers to submit an offer, and indicates a willingness to deal.
The Agreement provides that the buyer will have two days from the last day (five if not specified) that the seller had to respond in writing to the buyerâs corrective proposal. Now that we have formula, letâs see how it works.
The original offer is dead, despite the shorter time for payment since the price is lower. Seller then can choose to accept at $140,000, counter again at some compromise price, reject the counter offer, or let it expire. (See: offer, contract). 1  Facebook.