Morrie is a carpenter who needs to purchase a new electric drill. He visits Vito’s Tool and Hardware Warehouse and looks at the range of electric drills on display on the shelves. On a table are boxes of electric drills with a sign that says “The SchmukTek 2000 cordless electric drill. Special offer! Only $250”. Morrie says to himself "Well, that’s an offer that is too good to refuse", and takes one of the SchmukTek 2000 boxes over to the counter where the salesperson is already serving another customer. He places the SchmukTek 2000 box on the counter and while he is waiting for the salesperson to finish serving the other customer, he suddenly remembers that he might have seen the SchmukTek 2000 at another tool and hardware shop priced at $199. The salesperson finishes serving the customer in front of Morrie and then says to Morrie “May I help you?” Morrie then says “Sorry mate, I think I’ve seen this cheaper elsewhere so I’ve changed my mind”. The salesperson responds “No, I’m afraid that I’ve studied Business Law and it‘s too late to pull out. You have to buy this now because you have accepted our stores offer by placing it on the counter”. Is the salesperson correct or not? (Use ILAC to answer this question)