Will offers to sell his bike to Stan.Will has seemingly offered to sell his motorcycle, but he intended to and believes he is offering his 10-speed bike.If Stan accepts the offer, reasonably believing it was for the motorcycle:

Question

Quizplus · Accepted Answer

In contract law, the objective theory of contracts is applied which means that the intent of the offeror (Will) is not relevant, rather the focus is on what a reasonable person in the position of the offeree (Stan) would believe. If a reasonable person would believe that Will was offering to sell his motorcycle, then the offer was sufficiently definite and a contract has been formed based on the objective understanding of the parties. Therefore, in this scenario, a contract has been formed because objectively Will and Stan are in agreement.

Will Offers to Sell His Bike to Stan