
the offer and acceptance model
The offer and acceptance model is a foundational concept in contract law that describes how agreements are formed. An "offer" is a proposal made by one party to another, expressing a willingness to enter into a contract under specific terms. "Acceptance" occurs when the second party agrees to those terms. For a contract to be valid, the offer must be clear, and the acceptance must match the offer without any changes. This model ensures that both parties understand and agree on the details of the arrangement, creating a mutual commitment that is legally enforceable.