Question: Match the contract law term with its correct definition. Offer [Choose ] The calling back of an offer by the offeror Proposal made by one

Match the contract law term with its correct

Match the contract law term with its correct definition. Offer [Choose ] The calling back of an offer by the offeror Proposal made by one party to another indicating a willingness to enter into a contract. The mutual promise to exchange benefits and detriments between two parties. An agreement based on mutual promises between two or more competent parties to do or to refrain from doing some particular thing. A promise or act on the part of an offeree indicating a willingness to be bound by the terms and conditions contained in an offer. The express or implied refusal by an offeree to accept an offer. A response to an offer in which the terms and conditions of the original offer are changed. Acceptance tak Revocation [Choose ] Rejection [Choose ] Counteroffer [Choose Upgra Consideration [Choose ] Contract [Choose ]

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!