Offer factors

Question 1

Was offer sufficiently definite

Answer 1

• identifies parties
• identifies subj matter & quantity
• identifies the consideration to be paid
• identifies the time of performance
• ***use in analysis instead of just listing

Question 2

Was suff def

Answer 2

• id p
• id s m & q
• id c t b p
• id t o p

Question 3

Courts look at whether offer contains plain, clear & explicit wording that leaves nothing open for consideration

Answer 3

in other words, for communications that reasonably identify the terms of the proposed bargain (this contrasts with preliminary negotiations)