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.
Contra Costa California Notice to Seller of Acceptance of Offer by Proposing Additional Terms is an important legal document used in real estate transactions to formally notify the seller of the buyer's acceptance of an offer while proposing additional terms for the agreement. This notice serves as an addendum to the original offer and aims to address specific conditions or contingencies that the buyer wishes to include. Please note that while there may not be different types of this notice, variations in wording, formatting, or specific clauses may occur in different contracts or transactions. Keywords: Contra Costa California, Notice to Seller, Acceptance of Offer, Proposing Additional Terms, real estate transactions, legal document, buyer, seller, addendum, conditions, contingencies.Contra Costa California Notice to Seller of Acceptance of Offer by Proposing Additional Terms is an important legal document used in real estate transactions to formally notify the seller of the buyer's acceptance of an offer while proposing additional terms for the agreement. This notice serves as an addendum to the original offer and aims to address specific conditions or contingencies that the buyer wishes to include. Please note that while there may not be different types of this notice, variations in wording, formatting, or specific clauses may occur in different contracts or transactions. Keywords: Contra Costa California, Notice to Seller, Acceptance of Offer, Proposing Additional Terms, real estate transactions, legal document, buyer, seller, addendum, conditions, contingencies.