OFFER Flashcards by Marcelo Fernan III | Brainscape

Q

Offer:

General Requirements

A

1) A manifestation of a present intent to contract demonstrated by promise, undertaking or commitment;
2) Definite and certain terms; and
3) Communicated to an identified offeree.

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Q

Offer:

Specific Requirements for Sales K

A

Must include description

Under UCC: must also include quantity. If no price included in offer, price will be a reasonable price at
time of delivery

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Q

Offer:

Specific Requirements for Real Estate K

A

Must identify land and price.

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Q

Offer:

Specific Requirements for Employment K

A

Must include duration of employment.

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