Management and Organizational Studies 2275A/B Chapter Notes - Chapter 6: Rebuttable Presumption, Nav Canada, Formal Language

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An agreement: must be in agreement before a contract can be in place, have reached a consensus as to their rights and obligations, takes the form of offer and acceptance. An offer is different from a communication that merely expresses a wish to do business law. Indicating interest of receiving an offer and to enter a legal contract proposed arrangement. Some contracts are only formed after protracted discussions; some are formed without any negotiations whatsoever customer pays at cash for an item. The law expects people to take care of themselves: there is provincial consumer protection legislation but it is better to read and understand the contract before signing it. Offeror the person who makes an offer. Offeree the person to whom an offer is made. An offer can be accepted only if it is alive available to be accepted.

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