WHAT IS AN OFFER? Flashcards

1
Q

Offer

A

An act or statement that proposes definite terms and
permits the other party to create a contract by accepting those
terms

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2
Q

Offeror

A

person who makes an offer

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3
Q

Offeree

A

person who either accepts or does not accept the offer

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4
Q

Courts make……….

A

objective assessments when evaluating offers and
acceptances.

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