Explain the concept of a "stipulation" as it relates to the manner of communicating acceptance, including the effect a stipulation has on the formation of a contract.
What will be an ideal response?
A stipulation is an expression by the offeror of the manner in which the offer must be accepted. The offeror may specify (stipulate) in the offer the time, place, or method of communicating acceptance. In such a case, the offeree must comply fully with the offeror's stipulations. Any material deviation makes the attempt to accept ineffective. If the offer merely suggests a method or place of communication or is silent on these points, the offeree may accept within a reasonable time by any reasonable means of communication.
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