Вопрос № 800731 - Английский язык

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Once made, an offer does not last forever. If it is not accepted, it ends without any contract arising:
1. at a prescribed time, if so stated in the offer,
2. at the end of a reasonable length of time if the offer does not state how long it will remain open,
3. by rejection of the offer by the offeree,
4. if the offeree makes a counteroffer,
5. if it is revoked (withdrawn) or modified by the offerer before the offeree accepts, or
6. by the death or insanity of the offerer or offeree.
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Does an offer last forever?

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A contract is an agreement, which is enforced by law. This agreement normally results from an exchange of promises.
For example, a husband and wife want their house painted. A painter examines the building and offers (promises) to do the job for $1,500 during the next month. The owners could accept the offer by promising to pay the price. For a contract to arise, the painter as offerer (one who makes the offer) must make a definite offer, and generally the offeree (one to whom the offer is made) must accept the offer exactly as presented. Of course, the parties may negotiate additional details. The homeowners could reject the offer by demanding a lower price or earlier completion. The painter, in turn, could accept or reject such a counteroffer. Without both offer and acceptance, there is no agreement. No particular language need be used. The intent of the parties is the important thing.
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Who is the offeree?

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Generally an offerer is not obliged to keep an offer open for a specified time even if such a promise is made. The offeree is given nothing in exchange for the promise. However, if the offeree gives the offerer something of value in return for a promise to keep the offer open, this underlying agreement itself is a binding contract. It is called an option. The offer may not be withdrawn during the period of the option.
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Is an offerer obliged to keep an offer open for a specified time?

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A debtor is a person or a business that owes money, goods, or services to another. Whatever is owed is generally called the debt. The creditor is the one to whom the debt is owed. A legally enforceable debt normally arises out of a contract where something of value has been exchanged for a promise to provide money, goods, or services.

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During the Middle Ages, charging any interest on loans was illegal; today it is legal and borrowing is considered beneficial to growth and productivity in our society. As a consequence, the debtor/creditor relationship is encouraged and protected by our laws. This protection extends not only to creditors, by making them more secure in the lending of resources, but to debtors, by making the system fairer and by providing bankruptcy as a last resort.

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The most important of the laws protecting creditors allow the creditor to acquire a legal interest in (that is, a right in or claim to) some specific property of the debtor. This interest is enforceable if the debtor defaults (fails to pay according to the terms of the agreement) and is called a security interest. The debt is referred to as a secured debt. A creditor, who holds a security interest, is a secured creditor.