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What is the difference between rejection and revocation?
Rejection is the rejection of an offer by the offeree. After an offeror has made an offer it can be rejected by the offeree. Revocation is the revoking of an offer by the offeror. An offeror may also revoke his offer at any time before acceptance by the offeree unless an option contract is created or is otherwise precluded from revoking the offer.
When is the offeror precluded from revoking an offer?
assignment to report ito ng 2nd group ^_^
What is the difference between an offer and acceptance?
difference between offer and acceptance?
What is the difference between offer and acceptance?
difference between offer and acceptance?
Define offer and acceptance?
Offer and acceptance are required to create a legally binding contract. The offer is contracted and then by signing the contract the other person indicates their acceptance of the terms.
When is communication for offer acceptance complete?
rules of acceptance
What are the component parts of an offer?
An offer is a component part of a contract. There are three steps in creating a valid contract: the offer, the acceptance of the offer and an exchange of consideration.An offer is a component part of a contract. There are three steps in creating a valid contract: the offer, the acceptance of the offer and an exchange of consideration.An offer is a component part of a contract. There are three steps in creating a valid contract: the offer, the acceptance of the offer and an exchange of consideration.An offer is a component part of a contract. There are three steps in creating a valid contract: the offer, the acceptance of the offer and an exchange of consideration.
Does Acceptance offer car insurance?
Acceptance does offer car insurance. If you contact them, a dedicated agent will be happy to help you sign up for the car insurance that Acceptance offers to its customers.
Can An Acceptance Can Impose New Conditions Or Change The Term Of The Original Offer Without Rejecting It?
No, an acceptance cannot impose new conditions or change the terms of the original offer without rejecting it. If the acceptance includes modifications, it is considered a counteroffer rather than an acceptance, which effectively rejects the original offer. For a valid acceptance, the response must mirror the terms of the offer exactly for a contract to be formed.
When acceptance of offer complete?
Generally an offer is accepted when acceptance is communicated to the offeror. This is covered under the section 8 of the INDIAN CONTRACT ACT.
Define the term offer and acceptance?
Offer and acceptance are most often seen when there is some sort of legal and binding contract being drawn up. The contractor makes and offer and the person they offer it to chooses to accept or not.
If an acceptance that materially changes a term in the offer will still be considered an acceptance true or false?
False
