A requirement for an offer to be valid is that it should be

Assessment: WAEC SSCE - Commerce - 2022 (Objective) Subject: Commerce

Question 1 Report

A requirement for an offer to be valid is that it should be
Answer Details
For an offer to be valid, it must be communicated to the offeree. This means that the person making the offer (offeror) must clearly express their intention to be bound by the terms of the offer to the person receiving the offer (offeree). The offeree must be aware of the offer, understand the terms of the offer and have the ability to accept or reject the offer. Without proper communication of the offer, there can be no valid offer, and therefore, no contract can be formed.
Read lesson note on Legal Aspects Of Business (JAMB)
Read lesson note on Legal Aspect Of Business (WAEC)
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