Is it correct that an offer is not effective until has been communicated to the offeree
Also what are the differences between promisor and acceptor. I think both of them make promise
And what are the differences between promisor and offerer. Are promisor and offerer as well as promisee offeree same
Ask the Tutor ACCA LW
contract
6y ago#1Yes - that is, it cannot be accepted before the purported 'acceptor' knows about the offer
A promisor makes a promise
An acceptor receives a promise
A promise is made but does not require acceptance - but it does need to be under seal if it's to be enforceable
An offer requires two-way consideration and needs acceptance
An offeror makes an offer
A promisor makes a promise
OK?
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