Saturday, October 27, 2007

What constitutes an actal offer?

To constitute an actual offer:

  • Intent is clear and unequivocal- individual recognizes that their words and conduct can be enforceable in the eyes of the law

  • terms and conditions of the offer must be clear and certain

  • Offer must be properly communicated - (can not respond to something you don't know about)



Ads or price quotes are invitations to negotiate and are not actually contracts, they are offers to negotiate

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