Asked by Layton Bicanovsky on Jul 27, 2024
Verified
For a proposal to be considered a contractual offer,the offeror must have what type of intent?
A) Present intent to contract
B) Future intent to contract
C) No intent to contract
D) Past intent to contract
Present Intent To Contract
The current intention of parties to form a contract, which is necessary for establishing a binding agreement.
- Acquire insight into the idea of present intent to contract and how it affects the legitimacy of an offer.
Verified Answer
SM
Santiago Mendoza FarietaJul 27, 2024
Final Answer :
A
Explanation :
For a proposal to be considered an offer,the offeror must indicate present intent to contract.
Learning Objectives
- Acquire insight into the idea of present intent to contract and how it affects the legitimacy of an offer.