9:36
to be fair this accurately represents my mental state
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Simple English definitions for legal terms
Offer
Read a random definition: habitatio
A quick definition of Offer:
An offer is a promise to do or not do something in exchange for something else. It must be clear and given in a way that makes it seem like a real agreement will happen if the other person agrees to it.
A more thorough explanation:
An offer is a promise to do or not do something in exchange for something else. It must be clear and delivered in a way that would make a reasonable person believe that accepting the offer would create a binding contract.
1. A store advertises a sale on televisions for $500. This is an offer because it is a clear promise to sell a television for a specific price.
2. A person offers to mow their neighbor's lawn for $20. This is an offer because it is a clear promise to perform a service in exchange for payment.
3. A company sends a letter to a job applicant offering them a position with a salary of $50,000 per year. This is an offer because it is a clear promise to hire the applicant at a specific salary.
These examples illustrate the definition of an offer because they all involve a clear promise to do or not do something in exchange for something else. They are also delivered in a way that would make a reasonable person believe that accepting the offer would create a binding contract.