The demand and supply essay
The initial offer is the starting point of the contract and in the case of the seller of the land and the buyer, it is the seller, who made the offer first.
The offer was made by the seller, who offered the potential buyer to sell the land and set the price the seller wanted to receive from the buyer. In the course of the negotiations, the buyer accepted the offer and the seller asked for further advances in the implementation of the contract. At the same time, the buyer expressed his interest in the land that could be viewed as the offer but the expression of desire to purchase the land did not involve the beginning of negotiations since the seller did not start negotiations immediately after the buyer expressed his interest in the land. Instead, it was the seller, who made the offer to the buyer being aware of the buyer’s interest to his land. After that the buyer started negotiations and the contract processes has started. In such a way, the buyer cannot be viewed as the initiator of the negotiations, who made the offer. Instead, he was just a hypothetical buyer, who expressed his interest to purchase the land of the seller. Instead, it was the seller, who took the decision to sell his land and wrote the letter to the buyer offering his land and setting the price. In addition, the seller noted that he is going to put his land on the market and sell it to the buyer, who is ready to pay the price set by the seller.
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