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Offer
Offer/Proposal
When one person signifies to another his willingness to do or to abstain from doing anything
with a view to obtaining the asset of that other to suck act or abstinence, is said to make a proposal
Proposal Acceptance
Types of Offer:
1. General offer: That is make to a large public
2. Specific offer: That is made to a particular person
3. Express offer: That is made written, spoken or verbal
Promise Consideration
4. Implied offer: That inferred from the act, conduct or from the circumstances
5. Cross offer: When two identical offers of same subject matter made by two different parties to
each other in ignorance (not knowing each other offer) of each other offer are called cross offer.
6. Counter offer: When in place of accepting the terms of an offer as they are, the offeree accept
the same subject to certain conditions or qualification,
Agreement helegal,
Social plus is said to make a counter-offer
7. Standing offer: That is continuous in nature, any offerplus
Verbal for public
writtenreward and special offer
8. Conditional Offer: When some condition is attached with main offer
9. Wague Offer: When meanings are not clear
10. Negative Offer: Concluding decision without reply of the offeree
Contract Enforceable by law
Essential of offer
An offer must have certain essentials in order to constitute a valid offer namely:
1. Offer must be made with a view to obtain acceptance
2. Offer must be made with the intention of creating legal relations.
3. Offer must be definite, unambiguous and certain or capable of being made certain, i.e. must not
be loose, vague or ambiguous
4. Offer must be distinguished from (a) a more declaration of intention, or (b) an invitation to offer
or to treat
5. Ordinary social invitation is not an offer in the eyes of law.
6. Offer made by a person under stress, emotion , loudspeaker and excitement is not a valid offer
7. Marked prices on articles in a shop do not constitute offer
8. Offer not communicated to the offeree is no offer
9. Offer must contain the terms on which the Offeree is willing to act
10. Offer must be something in the request and not an order