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A farm-equipment seller mailed a catalog to hundreds of farms stating, "Used harvesters available this month, $80,000 to $95,000, depending on condition. Call to discuss." A farmer immediately emailed, "I accept your offer to sell me a harvester for $80,000." The seller refused.
Which statement best describes whether the catalog created an offer?

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The catalog statement is probably not an offer because it is a general invitation to bargain unless it is sufficiently definite and leaves nothing open for negotiation. The catalog statement is an offer because any price quote is binding. The catalog statement is an offer only if a buyer subjectively hoped to buy the equipment. The catalog statement is an offer only if the seller later refuses to negotiate.

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