Business Law – 4/22/09
Bellwork: If you break up with a friend can you go to court and force them to return items you’ve given them? Explain Why or Why not?
Objectives:
- Describe ways to end an offer
- Explain how an offeree can ensure an offer will remain open
Classwork: Discuss pages 112-115
Terms & Questions
- counteroffer
- Option
- firm offer
- Revocation
- Why is it prudent to state a time available for acceptance when making an offer?
- How can an offeree make certain his or her offer is kept open with the offeror?
- Describe how an offeror can end an offer.
- Explain how the parties can create offers that cannot be ended by the offeror.
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