All Noun
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  • Also, upon making an offer, an offeror may include the period in which the offer will be available.
  • The offeror is the master of one's own offer.
  • If the contract involves some characteristic personal to the offeror, the offer is destroyed by the death.
  • That modifying party is then the one making a new offer, and the original offeror is now the one who has to accept.
  • The offer cannot be accepted if the offeree knows of the death of the offeror.
  • Don't focus the discussion on only one offeror.
  • If there is an acceptance, the offeror is bound by law to perform his promise.
  • Discuss those discriminators that make one offeror better than another based on the selection criteria.
  • The offeror has no right to revoke his offer after its acceptance and he must be prepared to complete his promised accordingly.
  • The rules regarding the offer are The offer must show an obvious intention on the part of the offeror.
  • An offer is a statement of the terms on which the offeror is willing to be bound.
  • In these cases, those accepting the offer are not required to communicate their acceptance to the offeror.
  • The offeree must provide consideration, although the consideration does not have to flow to the offeror.
  • The place or venue of the formation of the contract is generally where the acceptance is brought to the offeror's notice.
  • An exception to this would be if the offeree knows or has reason to know that the letter of acceptance never reached the offeror.
  • The main effect of the posting rule is that the risk of acceptance being delivered late or lost in the post is placed upon the offeror.
  • In the case of options, the general rule stated above applies even when the offeror promises to hold the offer open for a certain period of time.
  • An offer must be some indication of the offeror to the offeree that he is prepared to form a binding legal agreement.
  • This is partially due to the maxim that an offeror is the "master of his offer."
  • The offer is therefore revocable at any time by the offeror before acceptance by the offeree.
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How offeror gets used

Words starting with offeror