Thursday, April 25, 2019
Business Law #4 Case Study Example | Topics and Well Written Essays - 500 words
Business Law 4 - Case Study fontThe mirror image rule states that if you are to accept an cater, you must accept the assign exactly, without modification. If you change the offer anyway, this is a counter offer that kills the offer (Uniform Commercial Code, Section 2-207).An offer and acceptance is one of the elements utilize to determine whether a contract exist between two parties. Offer is defined as whitethorn be defined as an expression of willingness to contract on certain terms, made with the intention that I shall become binding as soon as it is accepted by the person to whom it is addressed. acceptance, on the separate hand, is a final and unqualified expression of assent to the terms of the offer (Offer and Acceptance - Acceptance).As the general contract law principles which are applicable in almost all jurisdictions, the offer by the person making the offer (offeror) must be accepted without qualification or move on negotiation by the other party to whom the offer w as made (offeree). Once an offer was made, the offerre can act in four ways accept, reject, make a counter offer, or do nothing.
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