rejection of offer

rejection of offer
Any act or word of the offeree indicating that he declines the offer or justifying the offeror in inferring that the offeree intends not to accept the offer or give it further consideration. 17 Am J2d Contr § 39.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • offer — of•fer [[t]ˈɔ fər, ˈɒf ər[/t]] v. t. 1) to present for acceptance or rejection: to offer a drink[/ex] 2) to propose or put forward for consideration: to offer a suggestion[/ex] 3) to show willingness (to do something): I offered to go first[/ex]… …   From formal English to slang

  • rejection — re·jec·tion /ri jek shən/ n: the act or an instance of rejecting: as a: a refusal to accept an offer b: a refusal to accept nonconforming goods as performance of a contract ◇ Rejection and revocation are two remedies available to the buyer under… …   Law dictionary

  • Offer — Of fer, v. t. [imp. & p. p. {Offered}; p. pr. & vb. n. {Offering}.] [OE. offren, {AS}. offrian to sacrifice, fr. L. offerre; ob (see {OB }) + ferre to bear, bring. The English word was influenced by F. offrir to offer, of the same origin. See 1st …   The Collaborative International Dictionary of English

  • Offer and acceptance — Contract law Part o …   Wikipedia

  • Offer in compromise — The Offer in Compromise (or OIC) program, in the United States, is an Internal Revenue Service (IRS) program under 26 U.S.C. § 7122 which allows qualified individuals with an unpaid tax debt to negotiate a settled amount that is less… …   Wikipedia

  • rejection — re|jec|tion [ rı dʒekʃən ] noun ** ▸ 1 of offer/request etc. ▸ 2 of belief/system etc. ▸ 3 when someone does not love someone ▸ 4 refusal for job/course ▸ 5 organ transplant failure 1. ) count or uncount a refusal of an offer, proposal, or… …   Usage of the words and phrases in modern English

  • rejection — /rɪ dʒekʃən/ noun a refusal to accept something, such as a refusal to give a customer credit ● The rejection of the company’s offer meant that the negotiations had to start again. ● After the union’s rejection of the offer, management came back… …   Dictionary of banking and finance

  • rejection — Refusal by a bank to grant credit, usually because of the applicants financial history, or refusal to accept a security presented to complete a trade, usually because of a lack of proper endorsements or violation of rules of a firm. Bloomberg… …   Financial and business terms

  • Offer of judgment — The Offer of Judgment rule is a tort reform law aimed at controlling unnecessary litigation and at encouraging settlement. Under this rule, if a settlement offer designated as an offer of judgment is made in civil litigation, the offer is… …   Wikipedia

  • offer — I To bring to or before; to present for acceptance or rejection; to hold out or proffer; to make a proposal to; to exhibit something that may be taken or received or not. To attempt or endeavor; to make an effort to effect some object, as, to… …   Black's law dictionary

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