- Published on
KembaraXtra – Legal Terms – Offer
An offer is a clear expression of willingness by one party to enter into a legally binding contract on specified terms, capable of becoming binding once accepted by the other party.
An offer may be made orally, in writing, or through conduct. The person making the offer is the offeror, while the person to whom it is directed is the offeree.
Offers must be distinguished from invitations to treat, which merely invite others to make offers. Examples of invitations to treat include displaying goods in shop windows, advertisements, auctions, and invitations for tenders.
An offer may be directed to a particular individual, a group, or even the public at large in the case of unilateral offers. However, acceptance is possible only where the offeree knows of the offer’s existence.
The law also distinguishes offers from mere declarations of intention or requests for information. Whether a statement amounts to an offer depends on the intention objectively communicated through words and conduct.
An offer is a clear expression of willingness by one party to enter into a legally binding contract on specified terms, capable of becoming binding once accepted by the other party.
An offer may be made orally, in writing, or through conduct. The person making the offer is the offeror, while the person to whom it is directed is the offeree.
Offers must be distinguished from invitations to treat, which merely invite others to make offers. Examples of invitations to treat include displaying goods in shop windows, advertisements, auctions, and invitations for tenders.
An offer may be directed to a particular individual, a group, or even the public at large in the case of unilateral offers. However, acceptance is possible only where the offeree knows of the offer’s existence.
The law also distinguishes offers from mere declarations of intention or requests for information. Whether a statement amounts to an offer depends on the intention objectively communicated through words and conduct.
0 Comments