What is the ratio in Spencer v Harding?

An advertisement calling for tenders is an invitation to treat, not an offer, unless it contains express words creating a binding obligation to accept a particular tender.

What did the court decide in Spencer v Harding?

The court held that Spencer was not bound to accept Harding's tender as the advertisement was merely an invitation to treat, not a binding offer.

Why is Spencer v Harding important for contract law?

It established the fundamental distinction between offers and invitations to treat in tender situations, forming the basis for modern contract formation principles.

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