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
2
Q
Offeror
A
person who makes an offer
3
Q
Offeree
A
person who either accepts or does not accept the offer
4
Q
Courts make……….
A
objective assessments when evaluating offers and
acceptances.