In contract law, an agreement is a legally binding document that outlines the terms and conditions of a transaction or arrangement between two or more parties. The process of reaching an agreement typically involves making and accepting offers, and it is important to understand when an agreement is considered to be formed.

According to the rules of contract law, an agreement is created when the offeree receives the offer. This means that the moment the offer is communicated to the offeree, and they receive it, an agreement is formed. The acceptance of the offer is not required for the agreement to be created.

In other words, an offer is seen as an invitation to treat, which means that it is merely an expression of interest in entering into a contract. An offer does not become a legally binding agreement until it is accepted by the offeree.

The key factor that determines whether an agreement has been formed is the communication of the offer. The offer must be communicated clearly and accurately to the offeree, and they must have received it. This means that if an offer is sent via email, for example, it is only considered to have been received when it reaches the offeree`s inbox. If the offer is sent via post, it is considered to have been received when it reaches the offeree`s letterbox.

It is worth noting that the offer must be made with the intention of creating a legally binding agreement. This means that if the offer is made in jest or as a mere expression of interest, it is not considered to be a valid offer.

Once an agreement has been formed, it is important to ensure that it is properly documented and signed by all parties involved. This will help to avoid any confusion or misunderstandings about the terms and conditions of the agreement.

In conclusion, an agreement is created when the offeree receives the offer. This means that the communication of the offer is crucial, and the offer must be made with the intention of creating a legally binding agreement. Once an agreement has been formed, it is important to document it properly to ensure that all parties understand the terms and conditions of the agreement.