Q3: Offer and Acceptance

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Question's Short Description

1: Offer is proposal by one party 2: Acceptance is agreement to offer 3: Must be communicated 4: Must be unconditional 5: Creates contract

Question's Long Description

1: Offer must be clear, definite and communicated to offeree

2: Acceptance must be absolute and match the offer terms

3: Acceptance cannot be conditional

4: Offer can be withdrawn before acceptance

5: Both must have intention to create legal relations  

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