 The courts have shown a willingness to intervene if a party exercises a contractual power in a manner that fails to respect the constitutional rights of another party, and may even, in appropriate circumstances, be willing to compel one party to contract with another on constitutional grounds.The rules of offer and acceptance constitute a useful, but not essential, analytical tool in understanding the formation of contracts.An offer is a statement of intent in which the offeror expresses (to the person to whom the offer is conveyed) the performance and the terms to which he is prepared to bind himself.