What must be true for an offer to become a binding contract?

For an offer to become a binding contract, acceptance must be unconditional. This means that the party receiving the offer agrees to the terms set out in the offer without any modifications or conditions of their own. If the acceptance includes additional terms or conditions, it is considered a counter-offer rather than an acceptance of the original offer.

The necessity for unconditional acceptance emphasizes the importance of clear agreement between the parties involved. Both sides must have a mutual understanding and agreement on the essential terms of the contract for it to be legally enforceable. This aspect plays a crucial role in contract law, as ambiguity or differing interpretations can lead to disputes or the inability to enforce the agreement.

Other options do not reflect necessary conditions for a binding contract. The requirement for documentation in writing can vary based on the type of contract and jurisdiction. Certain contracts, known as contracts under seal or those involving substantial interests, may need to be in writing, but not all contracts require this. Likewise, an offer does not need to remain open indefinitely; it can specify a deadline or be revoked. Lastly, the physical presence of all parties is not required for a valid contract; agreements can be entered into remotely or through other means, such as email or telephone, as long as the acceptance is