asked 95.6k views
2 votes
An offeror in a contract is:

a) The person who makes an offer
b) An inquirer
c) A legal agent of a contracting party
d) The person who gives consideration

1 Answer

5 votes

Final answer:

a) The person who makes an offer. An offeror in a contract is the person who makes an offer, setting the terms and conditions of the contract.

Step-by-step explanation:

An offeror in a contract is the person who makes an offer. They are the party initiating the contract and expressing their willingness to enter into a legal agreement. Offerors are responsible for setting the terms and conditions of the contract and presenting them to the offeree.

For example, if a person wants to sell their car and they advertise it with a price, they are the offeror. The person interested in buying the car becomes the offeree who can accept or reject the offer.

Other options mentioned in the question are not correct. An inquirer is someone who is seeking information, a legal agent is a representative acting on behalf of a contracting party, and the person who gives consideration is the party who provides something of value.

answered
User Phineas Huang
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