Asked by
Alexis Queonna
on Nov 21, 2024
Verified
Only the offeree (or his or her agent) to whom an offer is directed can accept the offer.
Offeree
The person or entity to whom an offer is made, particularly in contract law.
Offer
A proposal by one party to another intending to create a legally binding agreement upon acceptance.
Agent
A person or entity authorized to act on behalf of another, known as the principal, in dealings with third parties.
- Gain insight into the critical components and conditions for constructing a lawful contract, focusing on offer, acceptance, and consideration.
Verified Answer
AB
Learning Objectives
- Gain insight into the critical components and conditions for constructing a lawful contract, focusing on offer, acceptance, and consideration.