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Law dictionary
Offeree

Offeree

noun

The person who receives the legally binding offer.

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For example

The offeree decided to accept the offer.

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For Contracts, Common law, and Housing

Non-disclosure agreement (NDA)

Exclusive licence

Other useful terms:

Offer

A promise to do something, or not to do something. If the promise is accepted it becomes legally binding.

Contract

An agreement between two or more people (or groups) to do (or not to do) something. The agreement can be enforced by law.

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