difference between offer and acceptance?
difference between offer and acceptance?
Acceptance occurs when one party agrees to the terms of an offer as presented, creating a binding contract. A counteroffer, on the other hand, is a response to an initial offer that includes modified terms, effectively rejecting the original offer. In essence, acceptance solidifies the agreement, while a counteroffer initiates further negotiation.
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Offer and acceptance are required to create a legally binding contract. The offer is contracted and then by signing the contract the other person indicates their acceptance of the terms.
The words proposal and proposition can frequently be used synonymously. But the word proposition has some meanings that proposal does not have. So, they are not synonyms all the time. Sometimes the difference is connected with what kind of suggestion has been made.sometimes can mean the same thingA plan suggested for acceptance; a proposal.
difference between offer and acceptance?
Acceptance occurs when one party agrees to the terms of an offer as presented, creating a binding contract. A counteroffer, on the other hand, is a response to an initial offer that includes modified terms, effectively rejecting the original offer. In essence, acceptance solidifies the agreement, while a counteroffer initiates further negotiation.
The acceptance, or non-acceptance, of Jesus as savior.
differecences between banker's acceptance and letter of credit
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tell me
the difference between offer and counteroffer
The acceptance, or non-acceptance, of Jesus as savior.
the offer, the acceptance and the consideration
Rejection is the rejection of an offer by the offeree. After an offeror has made an offer it can be rejected by the offeree. Revocation is the revoking of an offer by the offeror. An offeror may also revoke his offer at any time before acceptance by the offeree unless an option contract is created or is otherwise precluded from revoking the offer.
Offer and acceptance are required to create a legally binding contract. The offer is contracted and then by signing the contract the other person indicates their acceptance of the terms.
rules of acceptance