WebGeneral Offer. When an offer is made to the general public, it is called a general offer and can be taken up by any person who wishes to fulfill the terms of the offer. When an offer is accepted by the individual to whom it is directed, the offeror and the offeree enter … A contract begins with an offer. The person making an offer is referred to as the … The Offer. The offer is the initial step in the completion of a contract. In it, the offerer … The form that an offer takes can vary from contract to contract. For example, in … The new offer is referred to as a counteroffer. If it is indicated that an … A party can either expressly make an offer, or it can even be implied by its conduct. … This offer is continuous until it has been accepted. Identifying a Valid offer. In … This can include such things as how the offer can be accepted and how payment … A written offer may be also be accomplished through advertisement, or … WebFeb 24, 2024 · (a) When the letter of acceptance is posted by the acceptor. (b) When the letter of acceptance is received by the proposer. (c) When the offeree, writes the letter of acceptance, but doesn’t post it. (d) All the above. Answer: (a) When the letter of acceptance is posted by the acceptor. 7. An advertisement for sale goods by auction _________.
Offer and acceptance - Wikipedia
WebDec 23, 2024 · General Offer: When an offer is made to the public at large it is called general offer. This offer may be accepted by anyone. For example, an offer to give reward to anybody who finds the lost horse is a general offer. What do you understand by general and specific offer explain with case law? Offer and acceptance are generally recognised as essential requirements for the formation of a contract, and analysis of their operation is a traditional approach in contract law. The offer and acceptance formula, developed in the 19th century, identifies a moment of formation when the parties are of one mind. This classical approach to contract formation has been modified by developments in the law of estoppel, misleading conduct, misrepresentation, unjust enrichment, a… unknown encoding gbk
Chapter 10 Flashcards Quizlet
WebMay 1, 2024 · There are several rules regarding the acceptance of an offer to enter into a contract: The acceptance must be communicated. Silence cannot usually be considered … WebIn order for an acceptance of an offer to be valid... 1. It must be communicated to the offeror- Any of the usual forms of communication may be used in accepting unless otherwise specified 2.It must be unconditional When acceptance becomes effective The general rule is that an acceptance becomes effective when the parties so intend. The offer may WebMar 31, 2024 · In terms of Section 8 of the Act, anyone performing the conditions of the offer can be considered to have accepted the offer (Carlill v. Carbolic Smoke Ball). It is not necessary that the offer should be made to a specific person. Until the general offer is retracted or withdrawn, it can be accepted by anyone at any time as it is a continuing ... unknown encoder amr_wb