Offer and Acceptance

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Offer and Acceptance por Mind Map: Offer and Acceptance

1. Acceptance

1.1. Instantaneous methods

1.2. Made in response to and match the terms of the offer

1.3. Must be communicated

1.3.1. Method of communication

1.3.1.1. In person must be, HEARD

2. offer (proposal)

2.1. Expression of willingness to contract on certain terms

2.1.1. Intention that promise should bind Immediately on acceptance

2.2. Distinguish from invitations to treat

2.2.1. Language is relevant

3. Revocation

3.1. Also by rejection or lapse of time

3.2. Firm offers can still be revoked before time