offer and acceptance model

The offer and acceptance model is a way to understand how contracts are formed. An offer is when one person proposes to do something or enter into an agreement, outlining the terms. Acceptance occurs when the other person agrees to those terms, showing they agree to be bound by the agreement. Once acceptance happens, a binding contract is created. This process ensures both parties agree voluntarily, making the agreement legally enforceable. It’s a basic framework that helps clarify when a valid contract exists between two parties.