Elements of a contract - offer, Business Law and Ethics

Elements of a Contract - Offer

Further this is an unequivocal manifestation through one party of its intention to contract into another. So well it is a clear intimation for intention to the contract.  Thus the party manifesting intention is the offeror then the one for whom it is made is here the offeree.

Nature of an Offer

However an offer may take many forms - written or merely or say verbal implied from the conduct.   Such the cases that will be referred for in these notes will illustrate such point.  Although whatever be the method of its manifestation then an offer is either a something done or promise made through a person from that the law will deduce his intention for enter into a contract with another person whether that other person does or promises to do, something essential.

Posted Date: 1/22/2013 1:26:43 AM | Location : United States







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