Given below are two statements:

Statement I: Display of goods by a shopkeeper with prices marked on them, is not an offer but an invitation to the public to make an offer to buy the goods.

Statement II: Price quotations, catalogues and advertisements in newspaper for sale of an article do constitute a valid offer.

In the light of the above statements, choose the most appropriate answer from the options given below:

Correct option is C

Analysis of Statement I: Correct
In contract law, displaying goods in a shop window or on shelves with price tags is not an offer but an invitation to treat (or invitation to make an offer).
The actual offer is made when a customer selects an item and proposes to buy it. The shopkeeper may accept or reject the offer.
Legal Case Reference:Pharmaceutical Society of Great Britain v. Boots Cash Chemists Ltd. (1953) – It was held that goods displayed on shelves do not constitute a legal offer.
Analysis of Statement II: Incorrect
Price quotations, catalogues, and newspaper advertisements are not valid offers but invitations to treat.
They are general invitations to potential buyers, allowing them to make an offer. The seller can accept or reject the offer.
Legal Case Reference:Partridge v. Crittenden (1968) – An advertisement for the sale of birds in a newspaper was held not to be an offer but an invitation to treat.