Unless it is expressly specified that an offer to buy or sell goods must be accepted just as made, the offeree may accept an offer and at the same time propose an additional term. This is contrary to general contract law. Under general contract law, the proposed additional term would be considered a counteroffer and the original offered would be rejected. Under Article 2 of the Uniform Commercial Code, the new term does not reject the original offer. A contract arises on the terms of the original offer, and the new term is a counteroffer. The new term does not become binding until accepted by the original offeror. If, however, the offer states that it must be accepted exactly as made, the ordinary contract law rules apply.
In a transaction between merchants, the additional term becomes part of the contract if that term does not materially alter the offer and no objection is made to it. However, if such an additional term from the seller operates solely to the sellers advantage, it is a material term and must be accepted by the buyer to be effective.
Oklahoma Notice to Seller of Acceptance of Offer by Proposing Additional Terms is a legal document used in the state of Oklahoma to notify the seller of the acceptance of an offer, while proposing additional terms to the original offer. This notice acts as a communication tool to inform the seller about the buyer's acceptance of the offer, but also includes proposed modifications or additional conditions the buyer wishes to include. When using this type of notice, it is important to clearly outline the terms of the original offer, including specific details such as the purchase price, property description, and any contingencies or conditions that were agreed upon. The notice should explicitly state that this document serves as an acceptance of the offer, while proposing additional terms for consideration by the seller. The proposed additional terms might include adjustments to the closing date, desired repairs or upgrades, demands for certain warranties, or even renegotiation of the purchase price if necessary. It is crucial for the buyer to clearly articulate these additional terms in a precise and detailed manner, ensuring that there is no ambiguity as to what they are requesting. It is worth noting that there may be various types of Oklahoma Notice to Seller of Acceptance of Offer by Proposing Additional Terms, depending on the specific circumstances of the transaction. These might include: 1. Oklahoma Notice to Seller of Acceptance of Offer with Additional Repairs Requested: This type of notice is used when the buyer has accepted the offer made by the seller but wishes to request additional repairs or property improvements before closing the deal. 2. Oklahoma Notice to Seller of Acceptance of Offer with Proposed Price Adjustment: In some cases, the buyer may accept the seller's offer but believes that a price adjustment is necessary based on certain circumstances. This notice is used to propose a renegotiation of the purchase price to the seller. 3. Oklahoma Notice to Seller of Acceptance of Offer with Proposed Changes to Financing Terms: If the buyer has secured new financing options or has made changes to their earlier financing plan, this notice can be used to propose amendments to the financing terms initially agreed upon in the offer. Regardless of the specific type, each Oklahoma Notice to Seller of Acceptance of Offer by Proposing Additional Terms should be drafted with utmost care, ensuring that all relevant details are included and that the proposed modifications are clearly stated. It is always advisable to seek legal counsel or use a reputable template to ensure compliance with the applicable laws and regulations in Oklahoma.Oklahoma Notice to Seller of Acceptance of Offer by Proposing Additional Terms is a legal document used in the state of Oklahoma to notify the seller of the acceptance of an offer, while proposing additional terms to the original offer. This notice acts as a communication tool to inform the seller about the buyer's acceptance of the offer, but also includes proposed modifications or additional conditions the buyer wishes to include. When using this type of notice, it is important to clearly outline the terms of the original offer, including specific details such as the purchase price, property description, and any contingencies or conditions that were agreed upon. The notice should explicitly state that this document serves as an acceptance of the offer, while proposing additional terms for consideration by the seller. The proposed additional terms might include adjustments to the closing date, desired repairs or upgrades, demands for certain warranties, or even renegotiation of the purchase price if necessary. It is crucial for the buyer to clearly articulate these additional terms in a precise and detailed manner, ensuring that there is no ambiguity as to what they are requesting. It is worth noting that there may be various types of Oklahoma Notice to Seller of Acceptance of Offer by Proposing Additional Terms, depending on the specific circumstances of the transaction. These might include: 1. Oklahoma Notice to Seller of Acceptance of Offer with Additional Repairs Requested: This type of notice is used when the buyer has accepted the offer made by the seller but wishes to request additional repairs or property improvements before closing the deal. 2. Oklahoma Notice to Seller of Acceptance of Offer with Proposed Price Adjustment: In some cases, the buyer may accept the seller's offer but believes that a price adjustment is necessary based on certain circumstances. This notice is used to propose a renegotiation of the purchase price to the seller. 3. Oklahoma Notice to Seller of Acceptance of Offer with Proposed Changes to Financing Terms: If the buyer has secured new financing options or has made changes to their earlier financing plan, this notice can be used to propose amendments to the financing terms initially agreed upon in the offer. Regardless of the specific type, each Oklahoma Notice to Seller of Acceptance of Offer by Proposing Additional Terms should be drafted with utmost care, ensuring that all relevant details are included and that the proposed modifications are clearly stated. It is always advisable to seek legal counsel or use a reputable template to ensure compliance with the applicable laws and regulations in Oklahoma.
