Payne v Cave (1789) 3 TR 148 is an English contract law case, which stands for the proposition that an auctioneer's request for bids is not an offer but an invitation to treat. The bidders make the offers which can be accepted by the auctioneer.
Payne v Cave (1789) 3 TR 148 is an English contract law case, which stands for the proposition that an auctioneer's request for bids is not an offer but an invitation to treat. The bidders make the offers which can be accepted by the auctioneer.
Source: Wikipedia "Payne v Cave" · CC BY-SA 4.0
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