Business Studies, asked by dasmohon998, 8 months ago

define offer/proposal

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Answered by juhikhan733

2

Answer:

An offer is a proposal made by one party (offeror) to another (oferee) indicating a willingness to enter a contract.(Brown and Sukys pg 153) To constitute a contract there must be an offer and an acceptance. The party making the offer is known as the offeror and the party to whom the offer is made is known as offeree.

Explanation:

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