What must Everly do to form a valid contract after receiving an offer for her property?

To form a valid contract after receiving an offer for her property, Everly must accept the offer. Acceptance of an offer signifies the agreement of both parties to the terms laid out in the offer, thus creating a legally binding contract. The acceptance should be clear, unequivocal, and communicated to the offeror – in this case, the individual or entity making the offer for Everly’s property.

Simply put, for a contract to be valid, there needs to be a meeting of the minds between both parties. Acceptance is essential because it confirms that Everly agrees to the terms presented and intends to enter into the contract, which is a crucial step in the contract formation process. Without acceptance, there is no agreement, and therefore, no contract can be formed.

Making a counter-offer would mean that Everly is not accepting the original offer but instead proposing different terms, which would terminate the original offer and initiate a new negotiation. Putting the offer on hold or rejecting it would similarly not create a binding contract, as there would be no acceptance of terms. Thus, accepting the offer is the necessary action for Everly to take to ensure a valid contract is established.