Asked by Alyssa Cansler on May 14, 2024
Verified
The ________ has the power to bind the person who makes an offer simply by accepting the offer.
A) leasor
B) offeree
C) leasee
D) offeror
Offeree
The person or party to whom an offer is made in a contract negotiation.
Offeror
The party in a contract negotiation that presents a proposal or offer to enter into an agreement with another party, known as the offeree.
- Gain an understanding of the initial concepts of contract creation, specifically offer, acceptance, and consideration.
Verified Answer
RK
Rasel KabirMay 20, 2024
Final Answer :
B
Explanation :
The person who makes an offer (the offeror)gives the person to whom she makes the offer (the offeree)the power to bind her to a contract simply by accepting the offer.
Learning Objectives
- Gain an understanding of the initial concepts of contract creation, specifically offer, acceptance, and consideration.