LEGAL BINDING OFFER IN TRADE CONTRACTS FOR SALE
This paper elaborates the meaning that an offer has as an initial act in concluding a contract of sales in everyday life. The legal regulation of an offer allows for more dynamic and more fluid development of contractual relations and concluding of contract of sales.
The main area of research in this paper is the legal regulation of an offer in contracts of sale of goods, i.e. the legal settings of the elements and characteristics of a legally binding offer. Therefore, the purpose of this research is to analyze the actual legal norms that regulate an offer in the domestic legislation in relation to norms that regulate an offer in certain international sources of law, determining their mutual setup and analyzing the need of potential amendments of the norms that regulate an offer in the domestic legislation. The main hypothesis during this research is that the regulation of an offer in the domestic and the international sources of law is based on the same principles and there is no need for radical changes of the legal regulation of an offer in the domestic legislation. Aiming to achieve a structural research of the subject of interest in this paper, firstly we get familiar with the minimum elements required for constitution of an offer and afterwards we elaborate the specific characteristics and distinctions of an offer. The concluding chapter is dedicated to sublimation and generating conclusions of the analyzed matters in this research paper.
Keywords: offer, contract, sale, offeror, elements