Types of Acceptance in Contract Law Lesson Summary Register to view this lesson Are you a student or a teacher? I am a student I am a teacher Recommended Lessons and Courses for You Related Lessons Related Courses Mistake of Fact | Definition, Cases & Examples Rule of Construction & ...
For a contract to be binding, the acceptance of the offer must be relayed in a way that is authorized, requested, or reasonably expected by the person offering. Acceptance definition law involves assenting to the terms made in an offer. It is vital to judge acceptance objectively and make ...
It alsodiscusswith the example of case studies to aid in hopefully understanding the meaning better.In the introduction,itwill briefly talk aboutthe definition of“acceptance”.In thebody,first it illustrates the developed history of contract law. And then,itwill explain and discuss the way the ...
noun (contract law) words signifying consent to the terms of an offer (thereby creating a contract) see more noun banking: a time draft drawn on and accepted by a bank synonyms: banker's acceptance see more Pronunciation US /ɛkˈsɛptɪns/ UK /ɛkˈsɛptɪns/ Cite...
noun Law The demonstration of agreement with the terms and conditions of another's offer so that the offer becomes a contract between the two parties. from The Century Dictionary. noun Acceptableness; the quality of being acceptable. noun The act of accepting, or the fact of being accepted. ...
Definition of implied acceptance in the Legal Dictionary - by Free online English dictionary and encyclopedia. What is implied acceptance? Meaning of implied acceptance as a legal term. What does implied acceptance mean in law?
Define acceptances. acceptances synonyms, acceptances pronunciation, acceptances translation, English dictionary definition of acceptances. n. 1. The act of taking something offered: the acceptance of a new job. 2. The act of admitting to a group or orga
Definition of postal acceptance rule in the Legal Dictionary - by Free online English dictionary and encyclopedia. What is postal acceptance rule? Meaning of postal acceptance rule as a legal term. What does postal acceptance rule mean in law?
Acceptance with respect to a Bid shall mean the City’s selection of a Bid, and award of a contract to the Bidder/Seller. Acceptable Discount has the meaning set forth in Section 2.05(a)(v)(D)(2). Auto-Extension Letter of Credit has the meaning specified in Section 2.03(b)(iii). ...
Operational Acceptance means the acceptance by the Procuring Entity of the Facilities (or any part of the Facilities where the Contract provides for acceptance of the Facilities in parts), which certifies the Contractor's fulfillment of the Contract in respect of Functional Guarantees of the Facilitie...