What are the legal effects of a counter offer

Assignment Help Business Law and Ethics
Reference no: EM13784097

What are the legal effects of a counter offer?

A 'counter-offer' is simply an offer from the offeree back to the offeror. Counteroffer is a new offer and a rejection of original offer. The legal effect of a counter-offer is to terminate the original offer and substitute the offer of the offeree. What this means in practicality is that if the counter-offer is not accepted, the offeree cannot try to accept the first offer unless it is tendered again by the offeror.

Revocation vs. repudiation?

Repudiation is the refusal to perform an agreement or promise, while revocation is the termination of an offer by notice communicated to the offeree before acceptance. Offers can be revoked anytime before acceptance unless there is an option, Revocation must be communicated to the offeree, Revocation can be communicated in any form as long as it is communicated. However, a contract must be repudiated within a reasonable time after attainting the age of majority (or the contract is binding)

As employer I have to advice the bouncer can be charged with assault or Battery if he uses excessive force with a drunken customer even if provoked, the bouncer cannot use excessive force, he cannot hit him, cannot slap him, cannot grip in such a way as to inflict pain or injury. He can then escort the unwanted guests manually to the door using reasonable, appropriate force.

Due to Vicarious Liability,Employer is liable for the actions of an employee for acts during the course of employment.

Reference no: EM13784097

Questions Cloud

Affect the demand for your product : Discuss how these variables can affect the demand for your product or industry and what methods could be used to estimate the effect of these variables.
Demonstrate an understanding of existing strategic impact : Demonstrate an understanding of existing and emerging information technologies and strategic impact on organizational operations. Explain how to develop reasoned responses to the major forces shaping the role of IT in organizations competing in a ..
What a sales pitch : Making it unique and it's abilities to reach a diverse market of buys as well as producers at peek performance. "The Web makes it possible to deliver rich messages with text, audio, and video simultaneously to large numbers of people. (Laudon & La..
Various roles and responsibilities of a case manager : Write a 1,050- to 1,750-word case management overview paper that includes the following: Discuss the various roles and responsibilities of a case manager.
What are the legal effects of a counter offer : What are the legal effects of a counter offer? A 'counter-offer' is simply an offer from the offeree back to the offeror. Counteroffer is a new offer and a rejection of original offer
Assignment on individual assessment project analysis : Individual Assessment Project Analysis.
Write a research paper about addicted to social media : Write a draft paper about "Addicted to social Media".
Critical theory-cultural theory-feminist theory : Examine aspects of extra-sport character behavior and determine if such behaviors support sports stereotypes and/or deviant characteristics (i.e., deviant over conformity or deviant under conformity). Be sure to use examples of specific behaviors ..
Assignment on business expansion and sustainability : Assignment on Business Expansion and Sustainability

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Legal environment of business caselet

The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..

  Business ethics & legal issues caselet

This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.

  Questions on business law and ethics

Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.

  Discuss the doctrine of ratification of pre-incorporation

With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.

  Discuss the extent of phoenixing activity

It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.

  Application of law to facts

Company Law, Application of Law to Facts and Conclusion.

  Question on business law and ethics

This assignment related to business law.

  Questions on business law

Answer all the questions under business law.

  Iidentify the issue raised by the facts

Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.

  Evaluation of software development

Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.

  Business value and ethics

Business value and ethics,  Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..

  Explain what is meant by income by ordinary concepts

Advise what tax consequences arise in respect of the payments.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd