In a transaction, who is the offeree when Chloe submits an offer to buy Tristan's property?

In a transaction involving an offer to buy property, the offeree is defined as the party who receives the offer. In this scenario, Chloe is the one making the offer to buy Tristan's property, which means she is the offeror. Tristan, on the other hand, is the one receiving the offer from Chloe, making him the offeree.

This distinction is crucial in contract law because the offeree has the right to accept, reject, or counter the offer presented to them. By correctly identifying Tristan as the offeree, it highlights the role he plays in the negotiation process, as his decision will ultimately determine whether a binding contract is formed. Understanding this relationship between offeror and offeree is fundamental to grasping how offers and acceptances function within contract law.