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Unformatted text preview: Offers 1. Contractual intent a. Price quotations- first come first serve b. Statements of intentions- must state what you intend; preliminary negotiations- c. Agreements to make a contract 2. Definite. Illusory promise Termination of An Offer 1. Offeror revokes his offer by words a. Revocation of a unilateral contract b. Option contracts 2. oferee rejects the offer 3. counter offer by the oferee 4. death o f oferror or offeree, before and after contract formation 5. lapse of time- offer dies after time Acceptance by the oferee...
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- Fall '08