offer

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Related to offerers: exposed to, roughed, finalised

offer

1. Contract law a proposal made by one person that will create a binding contract if accepted unconditionally by the person to whom it is made
2. on offer for sale at a reduced price

Offer

 

a proposal to conclude a civil law contract that contains all the essential conditions of the contract. The offer may be made to a specific person or to an indefinite number of people, for example, a public offer placing an item with a marked price in a store window. The offer may be in oral or written form and may or may not specify a time limit for the answer (acceptance).

Under Soviet law, a contract based on an oral offer without a time limit for the answer is considered concluded if the other party immediately (including by telephone) accepts the offer. If such an offer is made in written form, the contract is considered concluded when the answer accepting the offer is received during the time normally necessary for acceptance. Under the law, an acceptance on conditions different from those offered is considered both a rejection of the offer and a new offer (for example, the Civil Code of the RSFSR, art. 165). Disagreements that arise during the conclusion of contracts among state, cooperative (with the exception of kolkhozes and interkolkhoz organizations), and other public organizations are normally resolved by arbitration agencies.

References in periodicals archive ?
Except when a waiver is requested or in the case of task and delivery order contracts, the contracting officer must award the contract to the apparent successful offerer only if all conflicts are resolved.
To rectify this, the acquisition office will have several interim debriefs with all offerers so they know exactly where their strengths and weaknesses are, and exactly where they stand in reference to capabilities and cost at the time they submit final proposals, she said.
When the subspecialists were asked where they believed their patients were getting their flu vaccines, 85% of nonofferers named the primary care physicians' offices, while 67% of offerers said patients were getting it from subspecialists.