Offeree

The offeree is the person or party to whom an offer is made in a contract negotiation. When an offeror (the person making the offer) proposes a deal, the offeree has the power to accept, reject, or counter the offer. If the offeree accepts the offer, a binding contract is formed between the two parties. The role of the offeree is crucial because their response determines whether the contract will come into existence.