Offer
1. Offer means a proposal by a person in which he makes his willingness to enter into a legally binding contract for some consideration.
2. An offer is made with the object of getting consent of the offeree.
3. An offer can be accepted by the offeree.
ADVERTISEMENTS:
4. An offer when accepted becomes an agreement.
Invitation to Offer
1. An Invitation to offer means an intention of a person to invite others with a view to enter into an agreement.
2. An invitation to offer on the other hand is made with
ADVERTISEMENTS:
3. An invitation to offer cannot be accepted by the person to whom it is made.
4. An invitation to offer cannot be accepted at all.