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About Lecture 2 Offer & Acceptance
The document summarizes key concepts around offer and acceptance in mercantile law. It defines a proposal or offer as when one person signifies their willingness to do or abstain from an act to obtain another's assent. It then classifies offers as general offers to the public, special offers to specific persons, counter offers that modify the original terms, and standing/open offers that remain open over time. It also outlines rules regarding when an offer is considered made and accepted, whether by post or other communication methods.
Detailed Information
| Author: | ['shyamraju2007'] |
|---|---|
| Publication Year: | 2015 |
| Pages: | 1 |
| Language: | English |
| Format: | |
| Price: | FREE |
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