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  • The person who makes the offer is called Offeror / prposer
  • ƒThe person to whom the offer is made is known as Offeree / proposee
  • ƒAn offer must be distinguished from intention / willingness and invitation to offer
  • ƒA counter offer puts an end to the original off er
  • ƒMental acceptance, failure to answer or silence is not acceptance
  • ƒAcceptance must be given only to the off eror or his agent
  • ƒAn offer and its acceptance have no legal eff ect unless they are communicated to the other party

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