Offer
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The most important feature of a contract is that one party makes an offer for a bargain that another accepts. This can be called a 'concurrence of wills' or a 'meeting of the minds' of two or more parties. There must be evidence that the parties had each from an objective perspective engaged in conduct manifesting their assent, and a contract will be formed when the parties have met such a requirement. An objective perspective means that it is only necessary that somebody gives the impression of offering or accepting contractual terms in the eyes of a reasonable person, not that they actually did want to contract.
Read more about this topic: Agreement In English Law
Famous quotes containing the word offer:
“We are rarely able to interact only with folks like ourselves, who think as we do. No matter how much some of us deny this reality and long for the safety and familiarity of sameness, inclusive ways of knowing and living offer us the only true way to emancipate ourselves from the divisions that limit our minds and imaginations.”
—bell hooks (b. 1955)
“The earth only has so much bounty to offer and inventing ever larger and more notional prices for that bounty does not change its real value.”
—Ben Elton (b. 1959)
“If anyone strikes you on the cheek, offer the other also; and from anyone who takes away your coat do not withhold even your shirt.”
—Bible: New Testament, Luke 6:29.