The difference between an offer and an invitation to treat.

By Michael Ifeanyichukwu Ndubuisi   1 week ago   66
Education - Top Stories

An offer is one of the essential elements of a contract. Without an offer there would be no contract. An offer is a proposition made by an offeror indicating in clear and precise terms the way the offeror is willing to engage in a contract with the offeree. Once an offer has been accepted, the offeror is bound legally to fulfill it.

    On the other hand, an invitation to treat is a preliminary to an offer. It is an offer to haggle, bargain. It is an invitation to sales. Hence, an invitation to sales is not binding to the offeror.

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Chibundu
1 week ago

What nd what


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All na same


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It is not said well, they are the same


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not really 


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Tgvcdjjfjkjncfg


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Junior
1 week ago

Good teaching od yours, remain blessed 


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Hussaina Adamu
1 week ago

Thanks for the update


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Now we know the difference


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Usoro Inemesit
1 week ago

Its all the same


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Ok interesting


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Omojevwe Henry
1 week ago

Now we know the difference


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The difference is between you


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Israelp
1 week ago

Nice informative post


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Oyose Matthew
1 week ago


 

Business Terms Right
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Stanley
1 week ago

Not really yet


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more of this enlightenment.
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You tried in the explanation


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Almost the same thing


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