answersLogoWhite

0

An offerer is the party making an offer in a contract negotiation, while an offeror is the party receiving the offer. The key difference is that the offerer initiates the negotiation by proposing terms, while the offeror has the option to accept, reject, or counter the offer.

User Avatar

AnswerBot

7mo ago

What else can I help you with?

Related Questions

What is the difference between an offeror and an offerer in a contract negotiation?

In a contract negotiation, an offeror is the party making the offer, while an offerer is the party receiving the offer. The offeror presents the terms of the contract, and the offerer decides whether to accept or reject them.


What does quasi mutual assent mean in relation to the contract?

"Meeting of the minds" (Parties involved in a contract must come to an agreement on the particulars of a transaction)


In a contract containing an option period when it is the offerer not allow to withdraw is offer when before acceptance by the offeree?

If the contract has not been signed, then the contract can be withdrawn at any time because there has been no legally binding acceptance of the terms of the contract. Once the contract jas been signed by both parties it definitely cannot be withdrawn.


Using only the following five letters form a seven letter word ORLEF?

feoffee, feoffer, feoffor, floorer, offerer, offeror, referee, reoffer


What is the meaning of the name Kristoffer?

Kristoffer is a Croation spelling of the name Christopher, meaning "the bearer of Christ". (Literally offerer of christ: christ-offer, christ-opher, krist-offer)


Can an offerer make a counteroffer after the offeree has refused the first offer?

Technically, the offeror is not making a counteroffer ... s/he is merely making another offer since the first was rejected. So, yes, an offeror can make another offer even though the first was rejected.


does anyone know who else offers CNA classes in or around Decatur Indiana besides R&R Medical Staffing Agency ?

This place is listed as a CNA course offerer in Decatur County: Heritage House of Greensburg Nurse Aide Course, 410 Park Rd., Greensburg, IN 47240


I'm looking for training on Yardi. Do you have know of specfic training in the San Francisco area that I may attend?

I know of no training being offered in San Fransico, but they do offerer training at their Santa Barbra, CA. office. Or you may be interested in their online classroom. I suggest you contact training@yardi.comor (800) 866-1144, x1276 for more information.


What are some seven letter words with 3rd letter F and 4th letter E and 7th letter R?

According to SOWPODS (the combination of Scrabble dictionaries used around the world) there are 3 words with the pattern --FE--R. That is, seven letter words with 3rd letter F and 4th letter E and 7th letter R. In alphabetical order, they are: enfever offerer offeror


Explain the general rule of revocation of an offer?

The rule of revocation is that the communication of the revocation of the offer should reach to the offeree before his initiation of the communication of acceptance. Once the offeree has communicated his offer or initiated his communication to the offer, the offerer is bound by his proposal.Example: If B makes a proposal to A on 2.1.2011. A sends his acceptance on 4.1.2011 by post. The letter may not reach B on 4.1.2011 itself. But if B wants to revoke his proposal on or after 4.1.2011, it is voidable upon A's discretion. A can make B bound by his proposal.Revocation on the part of the acceptor is possible if he can communicate the revocation of his acceptance before the acceptance is communicated to the offerer. Once the communication of the acceptance is complete, then the acceptor is bound by his acceptance.Example: If B makes a proposal to A on 2.1.2011 and A sends his acceptance on 4.1.2011 via post. If B communicates to A, through speedier means (eg telephone), then his acceptance would be considered to be revoked.The answer is according to the Indian Contracts Act, 1972.


What does the word jest mean in Shakespeare's talk?

Nothing, as it was not a serious offer.That is as long as the offering party made it clear the offer was made in jest and other party was aware the offer was made in jest. Otherwise the offerer may find themselves expected to honor their offer, especially if there were witnesses. Jesting is often one-sided. The other party does not always get the joke.


What are some seven letter words with 2nd letter F and 5th letter R and 6th letter E?

According to SOWPODS (the combination of Scrabble dictionaries used around the world) there are 6 words with the pattern -F--RE-. That is, seven letter words with 2nd letter F and 5th letter R and 6th letter E. In alphabetical order, they are: afeared effered efferes offered offeree offerer

Trending Questions
How do you find out if your record is clean enough to be a probation officer? WHEN WAS there a lawsuit against petmeds for selling expired products? Which officer of state grants a charter to a corporation? What is the job of the national committee? In South Carolina if you paying child support and your child is 18 and he or she quits school do you still have to pay child support? Can you go to jail for credit card fraud? How is Tennessee v Garner a violation of the 4th Amendment? On a bankruptcy filing form what does it mean when it asks schedule F creditors holding unsecured nonpriority claims and asks for the date claim was incurred and consideration for claim? What is a Juror's right to privacy after trial? When does the current budget expire? What happens if you and the defendant don't show up on a hearing for child support case at court? How could Plato have responded to the theory of Capital Punishment? What do legislatures have power to? What are the consequences of not following building regulations? Can a kid testify against their mom in court in a custody battle and what are good ways to testify for that? What is the potential penalty under the copyright act of 1976 for willful copyright infringement? If you have a learners driver license can you drive? Can a lender still repossess your car after a lawyer told you to tell them that you were claiming bankruptcy? What does the sixteenth amendment explain? What is the minimum IQ requirement for joining the US Army?