Unformatted text preview: 1. Offeror must have serious intention of being bound by offer a. Expressions of Opinion b. Statements of Future Intent c. Preliminary Negotiations d. Agreements to Agree e. Advertisements f. Auctions 2. Terms must be reasonable 3. Offer must be communicated to the offeree....
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- Spring '08
- Business Law, Preliminary negotiations, Chapter 11-Agreement, Introduction -Agreements