Term for Identification:  Woodrow Wilson​

question 56

Short Answer

Term for identification:  Woodrow Wilson​

---

Definitions:

Effective Offer

A proposal that meets all legal requirements and is presented in a manner that a reasonable person would understand its terms, triggering a potential contract.

Good Faith

The honest intention to act without taking an unfair advantage over another party in a transaction.

Reasonableness

The quality of being moderate, fair, and sensible in judgment or expectations, often evaluated in legal contexts.

Offeror's Intention

The specific intent by the person making an offer in a contract to be bound by the offer if it is accepted by the offeree.