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Unformatted text preview: Voidable (minor) Offer: Definite & certain Communicated Enforceable obligation Acceptance: Communicated Method of communication (mail, registered mail, email, telephone, fax) Effective: Due date (mail box rule) Counter offer: Change of terms Termination of offer: Lapse of time (prudent person) Revocation (other party withdrew) Rejection Defective agreement: Fraudulent Mistake Under duress (obligated)...
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- Spring '11
- Amanda Andres
- Business, mutual agreement, mail box rule, enforceable obligation