Offer to conclude a contract

• Definition of the necessary contract content (specificity)

• Receipt by the contractual partner

Acceptance of the offer

• Unconditional acceptance of the offer

Acceptance with amendment is new offer

• Partner receives the offer

Timeliness of Acceptance

• immediately if both parties are present,

• reasonable time if absent (e.g. mail, online)

Modification of the Offer

• Offeror may set specific time limits (time limit)

• Offeror may reserve the right to revoke the offer as long as the contract has not been concluded