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Simple English definitions for legal terms
Offeror
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A quick definition of Offeror:
Term: Offeror
Definition: An offeror is someone who makes an offer. This means they suggest something to someone else, like selling a toy or giving a gift. The offeror is the person who starts the conversation about what they want to do or give.
A more thorough explanation:
Offeror
Someone who makes an offer.
An offeror is a person who proposes a deal or agreement to another person. For example, if you want to sell your car, you can be the offeror by setting a price and telling a potential buyer that you are willing to sell the car for that amount. Another example is when a company offers a job to a candidate, the company is the offeror and the candidate is the offeree.
- Alice offered to sell her bike to Bob for $100.
- John offered a job to Mary as a marketing manager.
- The landlord offered to rent the apartment to the tenant for $1,000 per month.
In the first example, Alice is the offeror because she is proposing to sell her bike to Bob for a specific price. In the second example, John is the offeror because he is proposing a job to Mary. In the third example, the landlord is the offeror because he is proposing to rent the apartment to the tenant for a specific amount of money.