B LAW 220 Lecture Notes - Lecture 2: Alate
Document Summary
Offers need to be communicated for them to be official. Cout of claims are claims against the state. Revocation (by offeror): is when the offeror withdraws the offer (they take back the offer) an offer maybe revoked at any time prior to its acceptance. Rejection (by offeree): is when the offeree says no to the offer (if he later says i want the deal the offerer does not have to make the deal) Counter offer (by offeree): is changing the terms of the offer, usually adds an, and if, or but. Ex well ok ill make that deal as long as you make this other thing apart of it . Laps of time: any specified or time is generally enforceable (the offer can set a specific deadline for acceptance) (a late acceptance is no acceptance if the acceptance day goes by the offer goes poof )