In the case of an open offer, there must be serious intent, clear and reasonably definite terms, and communication to the offeree.

Name: In the case of an open offer, there must be serious intent, clear and reasonably definite terms, and communication to the offeree.
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In the case of an open offer, the courts have established three elements that must exist: (1) serious intent; (2) clear and reasonably definite terms; and (3) communication to the offeree.

In the Case of an Open Offer, There Must Be