Tag: offer

what is general offer in business law

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When anoffer made at large or in publicor in general this offer is known as General Offer. It can be accepted by any individual or public at large whoever is interested in the offer offered. When a person accepts the offer given then offeror and offeree enter into contract.

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  • What is offer in business law?

  • What is offer in Business Law? An offer is a proposal by one person to another to enter into a contract. The term offer is defined under

  • What is a general offer?

  • When an offer made at large or in public or in general this offer is known as General Offer. It can be accepted by any individual or public at large whoever is interested in the offer offered. When a person accepts the offer given then offeror and offeree enter into contract.

  • What is a contract of offer?

  • Essentials of Valid Offer and Types of Offer The Author, Chinmay Singhi is a 2nd Year Law Student at Unitedworld School of Law, Karnavati University. He is Campus Ambassador of LatestLaws.com. The contract is a combination of agreement and enforceability by law. The first or the initial step of agreement consist of offer and acceptance.

  • What are the legal requirements for making an offer?

  • The offer must be express or implied. The offer must be distinguished from an invitation to offer. The offer must be either specific or general. The offer must be communicated to the person to whom it is made. The offer must be made with a view to obtaining the consent of the offeree.