BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -The mirror image rule requires that the terms in the acceptance must be close to the terms contained in the offer. 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.

Detailed explanation-2: -In the law of contracts, the mirror image rule, also referred to as an unequivocal and absolute acceptance requirement, states that an offer must be accepted exactly with no modifications. The offeror is the master of one’s own offer.

Detailed explanation-3: -This rule states that the acceptance of an offer must be exactly as demanded by the offeror. That is, the acceptance must mirror the offer. If the offeree adds new terms to the acceptance, it is not really an acceptance. Acceptance with different or additional terms constitutes a counteroffer.

Detailed explanation-4: -The mirror-image rule says that terms of an acceptance can slightly be changed in order to benefit both parties. All parties to a contract must sign the writing in order for the statute of frauds to be satisfied. Judicial review is explicitly laid out in the Constitution.

Detailed explanation-5: -1] Acceptance can only be given to whom the offer was made In the case of a specific proposal or offer, it can only be accepted by the person it was made to. No third person without the knowledge of the offeree can accept the offer.