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However, if the offeree is rational, and believed that the offeror is rational and self-interested, the offeror is unlikely to benefit from such arrangements.
Note that technical terms like 'offeror' (a person who agrees to sell timeshare rights), 'offeree' (the customer) and 'prescribed' are unexplained.
If the directive goes through, the board of a bidding or offeree company will have to declare its hand at the time of the bid.
The offeree has no cancellation rights if he is acting in the course of business.
At this stage, we do not require a substantial increase in the total number offerees in theatre.
That last provision enables the purchaser/offeree to have the right to enforce the agreement if he wishes.
The trade unions or other employees' representatives will have the right to comment on that before the offeree company comes to a decision.
If so, who was the offeror and who the offeree?
Here, statements such as "the board of an offeree company is to act in the interests of the company as a whole" are meaningless.
He or she must give the purchaser—the offeree—notice of his right to cancel the agreement before the agreement is made.
This is by no means the first time that a buyer has hidden his identity from the offeree company by not registering his transfers.
Among these was a right for the consumer—the "offeree"—to withdraw from the contract without penalty during a 14-day cooling-off period.
The shareholders of the offeree company will need to know what the view of the employees is.
Subsection (3) relieves the offeree of his liability to repay the credit unless the offerer or creditor makes a request in writing.
The obligation of the offerer company in these respects towards the shareholder of the offeree company is no less than its obligation towards its own shareholders.
