BUSINESS ADMINISTRATION
BUSINESS LAW
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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in writing
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communicated to the offeree
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under seal
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signed by an attorney
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Detailed explanation-1: -OFFER MUST BE COMMUNICATED TO THE OFFEREE A person cannot accept an offer without knowing about it. general public cannot be accepted by someone who has never seen or heard of the offer.
Detailed explanation-2: -To be legally effective, the offer must be made with serious intent, be definite (clearly stated), and be communicated to the offeree. Intention is determined by words and conduct and not by the secret intention of the offeror. This is called the objective theory of contracts.
Detailed explanation-3: -Communication of Acceptance To accept an offer for a bilateral contract, the offeree must make the promise requested by the offer. An offeror must communicate the terms of his proposal to the offeree before an offer results.