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Why is it prudent to state a time available for acceptance when making an offer?
Wiki User
∙ 11y ago
Mrs. Garvey says to do your own goddamn work.
Wiki User
∙ 11y ago
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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 is the diference between an offer and invitation to treat?
An offer is a a clear indication of the offeror's willingness to enter into an agreement with the offeree, conditional on the offeree's acceptance. If accepted, it becomes a legal, binding contract. Though an Offer to Treat can appear to be an Offer, they are not Offers themselves. They invite another party to make an offer. Unlike Offers, acceptance of an Offer to Treat is actually making an offer and it does not create a binding contract.
What are the components 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.
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.
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
What happens to an offer if no time limit for acceptance is mentioned in the offer?
if no time for acceptance is stated in the offer, it must be accepted within a reasonable time. otherwise, no contract exists. what is a reasonable time depends on the circumstances.
