What is a cross offer in contracts?
Why cant one of these cross offers be construed as a valid acceptance?
2 Replies
shekhar
(student)
(47 Points)
Replied 23 April 2012
cross offer means exchanging identical offer to each other. It can not be a valid contract because there should be an offer by one party and accepting to that particular offer there to. :- @ shekhar:- @
Mihir Manohar
(CA Final - Article Assistant)
(474 Points)
Replied 25 June 2012
Hey narsimha during cross offers one imp. condition is not fulfilled-"OFFER MUST BE COMMUNICATED."So Cross Offers cant be considered as valid acceptance.
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