What kind of offer has specific requirements that must be met for acceptance?

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A conditional offer is characterized by specific requirements that must be fulfilled for acceptance to occur. Such an offer functions under certain terms or conditions that are expressly stated; hence, the recipient's acceptance is contingent upon meeting these predetermined criteria.

For example, in a conditional offer, one party may state that they will sell a car only if the buyer can obtain financing within a specified timeframe. The buyer's acceptance of the offer is therefore dependent on their ability to secure financing.

In contrast, an unconditional offer does not have any conditions attached; it simply presents terms that, once accepted, create a binding agreement without any further requirements. An implied offer arises from the actions or conduct of the parties rather than explicit terms, and an indirect offer refers to offers that are not communicated directly to a particular individual but rather made to the general public or a group. Both of these do not have the specificity of requirements that define a conditional offer.

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