What are the requirements for a legally binding offer?

A legally binding offer requires that the offeree has a reasonable expectation that the offeror intends to enter into a contract with clear and definite terms. This means the offer must communicate enough detail to allow the offeree to understand the essential terms and conditions of the agreement. For an offer to be valid, it does not necessarily need to be in writing, but it must be expressed in a manner that assures the offeree of the offeror's willingness to form a contract upon acceptance.

The requirement for reasonable expectation hinges on the clarity of the terms provided by the offeror. If the terms are vague or ambiguous, the offeree cannot reasonably expect that the offeror is serious about forming a contract, which would undermine the binding nature of the offer. Therefore, clear communication of the essential elements of the offer is critical for it to be legally enforceable.

Other options fail to meet the necessary criteria for a valid offer. Non-specific terms and verbal commitments do not create a clear understanding, while written agreements are not a required element for an offer to be binding. Similarly, general intent without clarity on terms does not satisfy the need for definite particulars that establish a binding agreement.