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4 Cards in this Set
- Front
- Back
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Was there an offer?
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Rule: A special kind of promise that bargains for a return and creates the power of acceptance in the offeree.
There must be a promise to do or forbear in the future with the intent to be bound. |
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Was the offer still open?
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Rule: The offer is open for the time stated, if no time is stated then it is open for a reasonable time.
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What was the offeror bargaining for?
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Rule: Unless otherwise unambiguously indicated by language or circumstances, the offeree can accept in any reasonable way.
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Was there acceptance by the offeree?
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Rule: Unless otherwise unambiguously indicated by language or circumstances, the offeree can accept in any reasonable way.
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