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Under the objective theory of contracts, a party's words and conduct are held to mean whatever A reasonable person in the offeree's position would think

Under the objective theory of contracts, a party's words and conduct are held to mean whatever

A reasonable person in the offeree's position would think they meant.

The offeree subjectively thought they meant.

A reasonable person in the offeror's position would think they meant.

The offeror subjectively intended them to mean.

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