Jersey City New Jersey Notice to Seller of Acceptance of Offer by Proposing Additional Terms

State:
Multi-State
City:
Jersey City
Control #:
US-02371BG
Format:
Word; 
PDF; 
Rich Text
Instant download

Description

Unless it is expressly specified that an offer to buy or sell goods must be accepted just as made, the offeree may accept an offer and at the same time propose an additional term. This is contrary to general contract law. Under general contract law, the proposed additional term would be considered a counteroffer and the original offered would be rejected. Under Article 2 of the Uniform Commercial Code, the new term does not reject the original offer. A contract arises on the terms of the original offer, and the new term is a counteroffer. The new term does not become binding until accepted by the original offeror. If, however, the offer states that it must be accepted exactly as made, the ordinary contract law rules apply.


In a transaction between merchants, the additional term becomes part of the contract if that term does not materially alter the offer and no objection is made to it. However, if such an additional term from the seller operates solely to the sellers advantage, it is a material term and must be accepted by the buyer to be effective.

Form popularity

FAQ

Yes, indeed, Jersey City does come with a higher cost of living than most places. In fact, its cost of living index is 26% greater than the national average.

If you're looking for a hip, urban, yet more affordable place to live, Jersey City is likely the place for you. In contrast, if you'd like to enjoy the exciting nightlife, proximity to NYC, and overall young, hip vibe Hoboken may be your best bet.

Bidding wars and record high rents in New York are behind the price surge in Jersey City as well, with more renters looking for a reprieve across state lines. Deals can be found, with many units offering more space and coveted amenities like an in-unit washer and dryer.

Jersey City city, Hudson County, New Jersey.

Liberty Park | Safest neighborhood in Jersey City Liberty Park has the distinction of being the safest neighborhood in Jersey City. Its overall crime rate is 60% lower than the Jersey City average, and 67% below the national average.

Interesting Questions

Trusted and secure by over 3 million people of the world’s leading companies

Jersey City New Jersey Notice to Seller of Acceptance of Offer by Proposing Additional Terms