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Offeree - Law Dictionary Search Results

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offeree

Matched in: Term offeree

infer

vt : to derive as a conclusion from facts or premises [could acceptance of the offer from the offeree's response] vi : to draw inferences in·fer·able also in·fer·ri·ble [in-fər-ə-bəl] adj

power

holds or be satisfied out of the donee's own interest power of acceptance : the power of an offeree to bind an offeror to a contract by accepting the offer power of mod·i·fi·ca·tion [mÄ -də-fə-kā-shən] : a

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Offer

is, in effect, a promise by the offeror to do or abstain from doing something, provided that the offeree will accept that offer and pay or promise to pay the 'price' of the offer. The price, of

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