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Offer and Acceptance Explained by Sagun Basnet is a document available to read on EtoBox.
What is Offer and Acceptance Explained about?
This document summarizes the key elements of offer and acceptance in contract law. It defines an offer as a proposal made with the intention of obtaining assent to do or not do work. An offer must demonstrate intent to create a legal relationship, certainty, and communication. An offer can be revoked by notice or lapsed through non-acceptance within a given time, non-communication of acceptance, or a counteroffer. Acceptance is consent to an offer with the same meaning, and it must be communicated by the of
- Author
- Sagun Basnet
- Language
- EN