Who can make an offer?

An offer can be made by an offeror, which is the party that initiates the proposal to enter into a contract. In contractual situations, it is essential to understand that an offeror can be an individual, a legal entity (such as a corporation), or any other organization capable of entering into a legally binding agreement. The key characteristic of an offeror is the willingness to enter into a contract, which is defined by their clear indication of the terms of the offer and their intent for it to be accepted by the offeree.

This choice emphasizes the role of the offeror as the active party in the formation of a contract, establishing the foundation on which the agreement will proceed, provided that the offeree accepts the terms. The other options do not accurately capture the breadth of who can initiate an offer, as the ability to make an offer is not restricted to only individuals or legal entities, nor does it apply to the offeree, who is simply the recipient of the offer.