Offeree
Term · Law · MLC-T-LAW-003525
The party to whom an offer is made in a contractual negotiation. This individual or entity has the power to accept the offer, thereby creating a binding agreement, or to reject it. The offeree's acceptance must generally mirror the terms of the offer to be effective, as per the mirror image rule in common law.
| Identifier | MLC-T-LAW-003525 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-003525",
"term": "Offeree",
"field": "Law",
"definition": "The party to whom an offer is made in a contractual negotiation. This individual or entity has the power to accept the offer, thereby creating a binding agreement, or to reject it. The offeree's acceptance must generally mirror the terms of the offer to be effective, as per the mirror image rule in common law.",
"url": "https://mlchart.com/terminology/law/offeree/"
}
Record 3,519 of 5,445 in Law terminology (MLC-0107). Request the full dataset.