AGREEMENT.doc - AGREEMENT Agreement K = Offeror Offer +...

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AGREEMENT Agreement  = Offer + Acceptance K Offeror Offeree OFFER Promise to do or not do something  Three requirements for an offer to be effective 1. serious objective intent to be bound 2. reasonably certain terms 3. must be communicated Intent Offeror must have a serious intent to be bound No joking (jest) No anger Not expressions of opinion “You should be better in a week.” “You’ll probably be healed in a week.” Not future intent “I plan to sell it…” “I’m going to sell it…” Not negotiations “Would you consider…” “I wouldn’t sell it for less than…” Subcontractors bids to the general contractor Not advertisements  Unless they are specific – who, what, when, where, how Not auctions with reserve Actions/conduct Terms
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Can the court figure out what the agreement was so it can then  figure out if there was a breach, and if so, the remedy? Parties
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AGREEMENT.doc - AGREEMENT Agreement K = Offeror Offer +...

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