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The "mirror image rule" states that if you are to accept an offer, you must accept an offer exactly, without modifications; if you change the offer in any way, this is a counter-offer that kills the original offer and the original offer cannot be accepted at a future time. [41]
Day 2: A decides to revoke the offer and puts a letter in the mail to B revoking the offer. Day 3: B puts a letter accepting the offer in the mail. Day 4: B receives A's revocation letter. The letter of revocation can be effective only when received, that is Day 4. However, a contract was formed on Day 3 when the letter of acceptance was posted.
If you do need to back out of an accepted offer, be honest with the seller as soon as you’ve made your decision. Work closely with your agent and attorney, who can help you communicate (in ...
You've landed an offer for the job you really wanted -- all you need to do now is negotiate your salary. If you feel hesitant about asking for more than what you... 87% of Job Offer Negotiations ...
As an offer states the offeror's willingness to be bound to the terms proposed therein, [27] a purported acceptance that varies the terms of an offer is not an acceptance but a counteroffer and hence a rejection of the original offer. The principle of offer and acceptance has been codified under the Indian Contract Act, 1872. [28]
A little bad news probably doesn't spell the end of the world for the organization, but if you see too many red flags, at the very least consider yourself warned if you do decide to take an ...
It is a general principle of contract law that an offer cannot be assigned by the recipient of the offer to another party. However, an option contract can be sold (unless it provides otherwise), allowing the buyer of the option to step into the shoes of the original offeree and accept the offer to which the option pertains. [8]
A scammer may ask job seekers to pay for a training course or certification to gain eligibility for an attractive job offer. If you send the money, you might get something in return but it won't ...