QUESTIONS - Offer 1. What is an offer? 2. What is an invitation to treat? 3. List the factors that the court will take into account in distinguishing between an offer and an invitation to treat? 4. Name a case which is authority for the rule that a request for tenders is an invitation to treat. 5. What is the effect of the distinction between offer and invitation to treat? 6. Is possible to make an offer to the whole world? Self-test Questions – uNILATERAL OFFERS
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Report Best-Shot offer Clean Car Care (3Cs) should make a best-shot offer to Jane; she has been an excellent performer at her current employment. A lowball offer is out of the question since she has a job and is up for a promotion at her current company. A competitive offer may not work in this situation since the only difference in 3Cs and her current company is her vacation time. A competitive offer could potentially match Jane’s current employment situation
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may be defined as an agreement between two or more parties that is intended to be legally binding”. This answer will highlight the main points to see the differences between an offer and an invitation to treat.” An offer may be defined as a statement of willingness to contract on specified terms made with the intention that‚ if accepted there will arise a binding contract”. On the other side‚ invitation to treat invites the other people to make an offer which can be accepted or rejected by the
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Introduction: Rules of Offer and Acceptance are applied to enforce an agreement by the law. This agreement is the first requisite of any contract of the business. In order to a contract come into being between parties‚ the offer is made by the offeror and the oferee accept that offer. In 21st century‚ there are rapid changes in business trend which create lots of new business model such as e-business and global business. The more business participates‚ the more requirements of Offer and Acceptance Rules
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Offer and Acceptance Offer and acceptance are elements required for the formation of a legally binding contract‚ the expression of an offer to contract on certain terms by one person (the "offeror") to another person (the "offeree")‚ and an indication by the offeree of its acceptance of those terms. The other elements traditionally required for a legally binding contract are (i) consideration and (ii) an intention to create legal relations. Offer and acceptance analysis is a traditional approach
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for $ 7.2 billion just over a year. Microsoft has decided to shut down Nokia and it now has the officially name of the “Microsoft Mobile”. So‚ actually well-known company remains in Finland‚ but it functions as a Microsoft subsidiary. Discussion Why Nokia failed? Nokia was the only brand (popular) I heard when I was child and that continued for many years. But‚ what happened to the one of the biggest and most famouse mobile over these years? What made such a popular manufacturer fail? Where does
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UNIT 2: OFFER TUTORIAL SHEET 2 1. What is an offer? 2. Explain the two (2) types of offer? 3. Distinguish between an offer and an invitation to treat. 4. What types of communication do not constitute an offer? 5. Explain each type of communication identified in (4) above. 6. When is an offer effective? 7. Explain the difference between a counter- offer and request for information. 8. Explain whether each of the following is a bilateral offer‚ unilateral offer or not an
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whatever data we need while our program executes. Visual BASIC and VBA use two basic data structures: the array and the collection. This month when I say VB‚ I also mean VBA. ARRAYS Most VB programmers are familiar with the array (figure 1). An array can be single or multidimensional‚ which means it can have rows and columns. While the array is the most commonly used data structure‚ it ’s not the best choice for at least two reasons. The first is data access. To find something within the array‚
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FORMAT OF OFFER LETTER MADHYA PRADESH MADHYA KSHETRA VIDYUT VITARAN COMPANY LIMITED (A WHOLLY OWNED GOVT. OF M.P.UNDERTAKING) NISHTHA PARISAR‚ GOVINDPURA‚ BHOPAL (M.P.)-462023 -2602033;2602034; FAX:2589821 Website: madhyavitaran.nic.in HUMAN RESOURCE DEPARTMENT( ISO 9001:2008 CERTIFIED) No. CMD/MK /01/HR/AE(IT)11/……… To‚ ............................... ............................... ............................... ............................... ............................... Bhopal
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Offers may be withdrawn at any time up until acceptance. Discuss the extent to which you agree with this statement and analyze the rules which determine the validity of withdrawal. There are two main issues to be dealt with in order to answer this question. Identify what is certified to be a valid offer and a valid acceptance. The second issue is knowing and analyzing the rules which determine the validity of withdrawal. First and foremost‚ to have a valid contract‚ there must be valid
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