Acceptance

Question 1

What do you call the final and unqualified expression of assent on the terms of the contract made by the offeror?

Answer 1

Acceptance

Question 2

What are the two heads observed of agreement and application?

Answer 2

-fact of acceptance
-communication of acceptance

Question 3

What is the general rule of fact of acceptance?

Answer 3

-a contract cannot be binding if the offeree did not accept the terms

Question 4

How do you define a counter offer?

Answer 4

When someone receives an offer but wants to propose different terms killing off the original offer

Question 5

Can a mere request for information be treated as a counter offer?

Answer 5

No because a counter offer kills the original offer while a mere request is just getting clarity not killing off the original offer

Question 6

What is the general rule of communication of acceptance?

Answer 6

That acceptance must come to the attention of the offeror