Question: What are the 3 elements of a valid offer?

What are the 3 elements of a valid offer?

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!

Q:

Margaret OFlaherty, a portfolio manager for MCF Investments, is considering investing in Alpine Chemical 7% bonds, which mature in 10 years. She asks you to analyze the company to determine the...

Q:

**BUSINESS LAW** Anwers need to be in a IRAC format. Ive attached a "how-to" on the format. below is the assignment sheet and the readings. Need to be in IRAC format. Ive attached an example along...

Q:

1 . What is business ethics? 2 . What are good business ethics? 3 . What is business ethics and management? 4 . What is business ethics and its importance? 5 . What do you mean by business ethics? 6...

Q:

1 . What is business ethics? 2 . What are good business ethics? 3 . What is business ethics and management? 4 . What is business ethics and its importance? 5 . What do you mean by business ethics? 6...

Q:

*** BUSINESS LAW*** need to be in IRAC format. Ive attached a "how to", the reading and the question Page 161 - 162 Winstead v. Jackson Legal Reasoning questions 1, 2, 3 (at the end of the case) This...

Q:

QUESTION 9 The mirror image rule is: a. A UCC rule restricting counteroffers only to the non-material terms of the offer b. A common law rule that requires that the terms of the offerees acceptance...

Q:

For each of the following four questions, explain your answers in as much detail as possible. For each answer, state the law (including all of the relevant elements of the law), state the relevant...

Q:

Introduction: Read the overview below and complete the activities that follow. In this activity, you'll be reviewing a hypothetical situation concerning a contract. You'll use what you've learned in...

Q:

Introduction: Read the overview below and complete the activities that follow. In this activity, you'll be reviewing a hypothetical situation concerning a contract. You'll use what you've learned in...

Q:

Characteristics of a Contract Contract Defined: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Sources of Contract Law _ _ _ _ _ _ _ _ _ _ _ _ _ _ _...

Q:

Characteristics of a Contract Contract Defined: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Sources of Contract Law _ _ _ _ _ _ _ _ _ _ _ _ _ _ _...

Q:

A photon whose energy equals the rest energy of the electron undergoes a Compton collision with an electron. If the electron moves off at an angle of 40 degrees with the original photon direction,...

Q:

The balance sheets of Blue Star Plc on 31.12.2012 and 31.12.2011 are provided below. Blue Star reports under IFRS. (All amounts are in ) + Balance Sheet 31.12.12 31.12.11 Property plant & equipment...

Q:

Banks have short term liabilities and long term assets. This is known as Deposit maturation. Maturity transformation or asset time liability mismatch. Shadow banking. Subprime lending.

Q:

The Jeter Corporation is considering acquiring the A-Rod Corporation. The data for the two companies are as follows: A-Rod Corp. Jeter Corp. Total earnings $781,000 $5,100,000 Number of shares of...