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Termination of Offer - ACCA Corporate and Business Law (LW) (ENG)

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14 Comments

  1. Fez
    Oh Mike. Why must you tease us about your car. Now i really want to buy it. Is it a tactic?, cuz it's working.
  2. MikeLittleTutor
    Too late - I exchanged it for a bar of soap and a cauliflower - and I believe I got the better deal! Although the cauliflower is long gone, the bar of soap is still going strong :-) Unlike the car!
  3. Muhammad
    Sir u Said That offer still exist when accepted. How? I mean if I accept the offer than we will sign a contract and there is no need that offer exist anymore?
  4. Barb
    Surely the 11th bullet on the first slide in the lecture (Termination of offer) tells us that acceptance terminates an offer

    Or have I misunderstood him?
  5. Muhammad
    Yup, And bullet no. 4 of offers is
    '' Offer must still exist when accepted ''
  6. Barb
    So it exists right up until the moment of acceptance and then .... after acceptance, it no longer exists
  7. Asif
    Very good lecture ! Thanks, it was beneficial indeed.
  8. Asher
    Thank you
  9. Ahsan
    Hi Sir, How offer will be distinguished from the statement that 'I intend to sell you X for 500' or 'I intend to buy X for 500 from you..? Or when customers ask for information on the phone call about some product they intend to buy, They ask for the quotation? I feel its very tricky to distinguish the request or an response to request from an offer while doing business... Sorry for bothering you.
  10. MikeLittleTutor
    When you reply to my previous post, please do so on the Ask ACCA Tutor forum - that way I shall be sure to see it
  11. MikeLittleTutor
    Please give me the time in the lecture at which I mention rejection / refusal and I can check the context for myself

    Thanks
  12. Syed
    Its 5:39 and 10:13, for rejection n refusal respectively
    Thank you
  13. MikeLittleTutor
    Phew! That's a tricky one!

    I suppose we could say that rejection is where I make an offer and you say "No"

    In my mind there was a reasonable probability that you might accept, but you said "No"

    Refusal seems to be more a matter of me making an offer to an unwilling offeree who, despite all my best efforts at persuading, with a strong mind steadfastly refuses to accept

    Is that OK for you?
  14. Syed
    Hello,, thanks for ur keen services, are really prolific for us.
    Can you please discriminate rejection n refusal delivered in lecture, because of resemblance, causing confusion.

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