What constitutes an offer for a FTC?
An offer can be made by either the seller or the buyer in an international sale of goods. The party making the offer is entitled the offeror and the party to whom the offer is made is entitled the offeree. An offer is an expression of intention. To constitute an offer the expression of intention must satisfy the following requirements:
[a]. An offer must indicate a contractual intention on the part of the offeror to create a legal obligation and to be bound by it, subject to an acceptance on the part of the offeree.
[b]. The offer must be addressed to one or more specific persons.
[c]. The offer must be sufficiently definite by containing the essential elements of the proposed contract, and
[d]. The offer must be communicated to the offeree.
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