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            | Topic: | Business | 
        
            | Number of pages / Number of words: | 30 / 8348 | 
                
    
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He or she can consider the invitation and accept it or may reject it. An invitation to treat may be seen as a request for expressions of interest. The distinction between an offer and an invitation to treat is important because if a legitimate contractual offer is accepted by another, a binding contract is immediately formed and the terms of the original offer cannot be further negotiated without both parties consent...
        
        
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He or she can consider the invitation and accept it or may reject it. An invitation to treat may be seen as a request for expressions of interest. The distinction between an offer and an invitation to treat is important because if a legitimate contractual offer is accepted by another, a binding contract is immediately formed and the terms of the original offer cannot be further negotiated without both parties consent...
        
        
            Essay fragment
        
    
                
            General points of the essay
            
                                    BANK LOAN REQUEST FOR SMALL BUSINESS
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                                    Principles Of Business Law
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