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A Barter double auction is an auction where every participant has a demand and an offer consisting of multiple attributes and no money is involved. [46] For the mathematical modelling of satisfaction level, Euclidean distance is used, where the offer and demand are treated as vectors.
Prior to acceptance, an offer may be withdrawn. As acceptance must be communicated, the offeror cannot include an Acceptance by Silence clause. This was affirmed in Felthouse v Bindley, [36] here an uncle made an offer to buy his nephew's horse, saying that if he did not hear anything else he would "consider the horse mine". This did not stand ...
Such situations only occur at an early stage of the conveyancing process, prior to any written acceptance of an offer being given by the seller's solicitor. Often they result from the legal requirement on the part of estate agents to advise a seller of any higher offer received prior to written confirmation of an orally accepted offer being ...
The CISG says that any change to the original conditions is a rejection of the offer—it is a counter-offer—unless the modified terms do not materially alter the terms of the offer. Changes to price, payment, quality, quantity, delivery, liability of the parties, and arbitration conditions may all materially alter the terms of the offer. [41]
Day 4: B's original letter of acceptance arrives, A then records the contract as a sale. B's acceptance of the offer means there is a binding contract – she is obliged to pay for the land or be liable for damages. B is just rejecting the offer, she did not actually revoke her acceptance; Under the posting rule, performance is a means of ...
A gang member “giggled” as he admitted to kidnapping a young Texas woman at gunpoint and threatening to pimp her out and sell her organs, according to cops.
A counter offer is an offer which concerns the same subject matter but with different terms than the original offer. If a counter-offer is made by the offeree to the offeror, then the original offer is deemed rejected, and the power of acceptance included in the original offer is terminated. [32]
3. ⛔️ Adding a player to prevent an foe from acquiring them is good business. We encourage it. It’s perfectly fair and reasonable to scout the needs of an upcoming opponent, then get a step ...