A mirror image rule requires the offeree to accept the offeror

A mirror image rule requires the offeree to accept the offeror

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A mirror image rule requires the offeree to accept the offeror's terms unequivocally. Acceptance is effective when dispatched, even if it is lost in transmission. Mailbox rule Proper Dispatch rule, if acceptance is not properly dispatched, it is not effective unitl actually received by the offeror. Mode of acceptance: e.g.by authorized stated in contract. Express authorization, if offer says acceptance. Objectively intent. Do we have acceptance? Course of dealing usage of trade Try not to leave things for court to apply. Rejection': reject , the offer reject the offer.
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Unformatted text preview: , revocation: offeror , revote by taking resistance. , counter offer. Destruction of subject matter. Death or incompacity Supervening illegality Given the subject matter, my offer terminated in the reason of time. Contracts are voluntary agreements between the parties. Agreement parties: offeror The terms must be clear and definite. Identification of the parties. Consideration to be paid. Advertisement, a typical advertisement is an invitation to make an offer. A specific advertisement is an offer. Rewards, offer to form a unilateral contract...
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This note was uploaded on 02/14/2012 for the course BUSMGT 498 taught by Professor Herdon during the Winter '12 term at BYU.

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