BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -An offer can be made to a particular group or to the public. Courts in most states apply the mirror image rule only when the term altered in the offer is material. Any variation made to a contract dealing with the sale of goods is a counteroffer. A mental decision to accept an offer is not an acceptance.

Detailed explanation-2: -In order for an offer to be valid, it must be clearly communicated, giving the offeree a chance to accept or reject it. Clear communication can include actions, oral communication, or in writing. A valid offer can be made to a group, a single person, or the public at large.

Detailed explanation-3: -An offer can only make an agreement if it is accepted in its entirety. It may be made to a group of people, the whole world, or just one person (Carlill v. Carbolic Smoke Ball).

Detailed explanation-4: -An offer made to a definite person or persons is known as specific offers. Such offers can be accepted only by such person or persons. For example: A offers to sell B a pen for Rs. 200.

Detailed explanation-5: -When an offer is made to the general public, it is called a general offer and can be taken up by any person who wishes to fulfill the terms of the offer. When an offer is accepted by the individual to whom it is directed, the offeror and the offeree enter into a contract.