Legal Definitions - Offeree

An Offeree is the individual or entity to whom a proposal or set of terms, known as an offer, is directed. This party holds the power to accept, reject, or negotiate the terms of the offer, thereby potentially forming a binding agreement or contract.

Here are some examples to illustrate the concept of an Offeree:

• Example 1: Real Estate Transaction

  Imagine a homeowner, Ms. Chen, wants to sell her house. A potential buyer, Mr. Davies, submits a written proposal to purchase the house for a specific price and with certain conditions. In this scenario, Ms. Chen is the Offeree because she is the one who received Mr. Davies's offer to buy her property. She now has the choice to accept the offer, reject it, or propose different terms (a counter-offer).

• Example 2: Business Contract

  A marketing agency, "Creative Campaigns Inc.," sends a detailed proposal to a new startup, "Tech Innovations LLC," outlining a plan for their upcoming product launch campaign, including services, timelines, and costs. Here, Tech Innovations LLC is the Offeree. They have received the offer for marketing services from Creative Campaigns Inc. and must decide whether to agree to the proposed terms, suggest modifications, or decline the offer entirely.

• Example 3: Employment Offer

  After a rigorous interview process, a hospital sends a formal job offer letter to Dr. Anya Sharma for a position as a lead surgeon, detailing the salary, benefits package, and start date. In this situation, Dr. Anya Sharma is the Offeree. She has received the hospital's offer of employment and now has the opportunity to accept the position, negotiate the terms, or decline the offer.