51�Թ�

University of Missouri School of Law professor Frank Bowman, who writes the blog “Impeachable Offenses?” and occasionally writes for Slate, argued that even offering an unaccepted pardon would constitute impeachable obstruction, “because it threatens constitutional order and demonstrates the presidents unfitness for office every bit as much as a corrupt offer that the offeree accepts.”

Examples include, requiring the offeree to pass a background check or to have a certain degree.

The companies, which are both being treated as offeree companies, are required to announce a firm intention to make an offer not later than March 24.

The Takeover Panel has stated that these types of protections may “deter competing offerors from making an offer, thereby denying offeree company shareholders the possibility of deciding on the merits of a competing offer.”

In the case of contracts between parties who are not in each other's presence, the intimation to the offerer of the offeree's acceptance is not necessary for validity, if the contract is gratuitous; but the contrary seems to be true, at least per se, if the contract is onerous.