BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -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 their own offer.

Detailed explanation-2: -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-3: -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.

Detailed explanation-4: -Let’s say you want to sell your house. You put it on the market, and a buyer accepts it as-is. In this case, the mirror image rule applies. The buyer accepts your exact terms and you move forward with a contract for sale.

Detailed explanation-5: -Mirror image rule as per laws The “mirror image rule” applies to contracts that are regulated by the rules drawn out from “Restatement of Contracts”. To put it another way, a contract must be made in addition to the sale of commodities by having both an offer and a clear counteroffer.