CPT 

OFFER 

• TYPES OF OFFER-

1. General offer-offer for all public in general and any one can accept it.
2. Special offer-offer made to definite persons or any special groups of persons.
3. Cross offer-Sometimes two parties make similar offers to each other without knowing the offer made by the other. These are called cross offers. In such a case, no binding contract will be created as no one has accepted the offer made by the other.
4. counter offer-an offer made in response to another is known as counter offer.
5. standing offer- offer that allow to remain open for acceptance over the period of time  is called standing offer or open offer or continuing offer.

• RULES OF PRESENTING OFFER-

1. offer should be specific
2. offer must  be such that can be accepted 
3. offer must be communicated 
4. offer may be expressed or implied
5. an invitation to offer is not an offer.
6. offer should not have certain terms that non compliance of which would amount to accept
7. two identical cross offer do not make a contract.