Law 5110 Study Guide - Quiz Guide: Meeting Of The Minds, Posting Rule, Mirror Image
Document Summary
What is valid acceptance? (acceptance must be unconditional) The party accepting (offeree) tries to change anything about the offer this is not an acceptance but a counter-offer! The counter-offer takes the place of the offer. A reply to an offer which purports to accept it but is conditional on the offeror"s assent to terms additional to or different from those offered is not an acceptance but is a counter- offer. A reply by the offeree which states or implies additional or different terms which would materially alter the terms of the offer is a rejection and a new offer. Pecl: (2) a reply which gives a definite assent to an offer operates as an acceptance even if it states or implies additional or different terms, provided these do not materially alter the terms of the offer. Reply + material modification = rejection of offer = rejection/ counter-offer. Reply + non-material modification + no objection = acceptance.
