When a business moves online, many new issues arise. One of the main difficulties is concluding contracts. If a company ignores this point, it risks facing claims from clients or even fines.
In this article we explain what an offer is and why it is needed. We explain how to draw up, change, revoke an offer, and also where it is best to place it.
What is an offer?
In short and simple terms, an offer is a formal proposal iceland phone number list to proceed to the conclusion of a contract. It can be drawn up in different ways. Let’s look at some examples:
- The company publishes an offer to sell software on its website. The text on the page states: “A license to use the program costs 10,000 rubles. To purchase, transfer money to the specified account.” This is an offer.
- You go to the website of an online store and see an ad there: “The book “War and Peace” for 500 rubles, you can pay via bank transfer.” This is also an offer.
- The bank offers a corporate loan over the phone. The manager says: “We can offer your company a loan of up to 50 million rubles at 8% per annum.” This proposal is also considered an offer.
The word “offer” comes from the Latin “offero,” which means “I propose.” This is exactly what happens: one party makes an offer, and the how to choose a social network other party can accept that offer, and then a contract is formed between them.
Let’s look at six examples of what an offer might look like:
- On the furniture store website, in the “Delivery Terms” section, you can find a file that describes how the delivery, payment and return of the goods will be carried out.
- The coffee shop has a board with prices for coffee and desserts.
- The software sales website has a section with instructions on how to activate the purchased program.
Offer and contract: what is the difference
It is a mistake to think that an offer and a contract are the same italy numbers thing. An offer is a proposal to enter into a contract. As a rule, this is an initiative of one party, which does not yet oblige to perform. After receiving consent from the other party, the offer becomes a contract. In this case, we are already talking about an agreement where two or more parties participate, and each of them undertakes to do or provide something.
An offer is often called an “offer agreement.” But this is incorrect, since an offer is not a contract. It would be more accurate to call it a proposal that can be either accepted or rejected.