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When offer is made to a definite person, it is known as
  • a)
    General Offer
  • b)
    Cross Offers
  • c)
    Counter Offer
  • d)
    Special Offer
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
When offer is made to a definite person, it is known asa)General Offer...
General offer is the offer made to everyone (public) and cross offer is when both persons are offering at the same time and counter offer is when you cancell the person's offer and you made a new offer (bargain ) and special offer is when you specifically offer a person so when it is made to a particular (definite) person it is know as special offer
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When offer is made to a definite person, it is known asa)General Offer...
Special Offer

A special offer refers to an offer that is made to a specific or definite person. It is a proposal or invitation to enter into a contract or agreement with specified terms and conditions. Unlike a general offer, which is open to anyone who meets the criteria, a special offer is directed towards a specific individual or group.

Explanation:

When making a special offer, the offeror has identified a particular person as the intended recipient of the offer. This can be done through direct communication, such as a letter or email, or by addressing the offer specifically to the person in question. The offeror may have a specific reason for targeting this individual, such as previous business dealings or a unique opportunity that is only available to them.

Key Points:
- Special offer is made to a definite person.
- It is a proposal or invitation to enter into a contract or agreement with specified terms and conditions.
- Unlike a general offer, it is directed towards a specific individual or group.
- The offeror has identified a particular person as the intended recipient of the offer.
- This can be done through direct communication or by addressing the offer specifically to the person in question.
- The offeror may have a specific reason for targeting this individual, such as previous business dealings or a unique opportunity.

Example:

For example, if a company is looking to fill a specific job position and they identify a suitable candidate, they may make a special offer to that individual. The offer will include details about the position, salary, benefits, and other terms of employment. This offer is not open to other candidates and is specifically tailored to the skills and qualifications of the person being offered the position.

In conclusion, a special offer is made to a definite person and is targeted towards that individual. It is a specific proposal or invitation with specified terms and conditions. This type of offer is different from a general offer, which is open to anyone who meets the criteria.
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When offer is made to a definite person, it is known asa)General Offerb)Cross Offersc)Counter Offerd)Special OfferCorrect answer is option 'D'. Can you explain this answer?
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When offer is made to a definite person, it is known asa)General Offerb)Cross Offersc)Counter Offerd)Special OfferCorrect answer is option 'D'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about When offer is made to a definite person, it is known asa)General Offerb)Cross Offersc)Counter Offerd)Special OfferCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for When offer is made to a definite person, it is known asa)General Offerb)Cross Offersc)Counter Offerd)Special OfferCorrect answer is option 'D'. Can you explain this answer?.
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