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What does acceptance mean in a contract?
Acceptance means to assent to the terms of an offer. Some common uses of the term “acceptance” in a legal sense include: In the context of contracts, acceptance refers to one person’s compliance with the terms of an offer made by another. Acceptance is judged objectively, but can either be expressly stated or implied by the offeree's conduct.What is offer & acceptance in contract law?
Offer and acceptance are foundational to contract law, marking the initial stages of a contract’s formation. While the principles might seem straightforward, their application can be intricate, especially in modern contexts like e-commerce.Who must accept a contract?
The offeree (the party to whom the offer is made) must accept the offer for a contract to be formed. Acceptance is the expression or action that the offeree agrees to the terms of the offer. As discussed earlier, acceptance can be made in various ways, but it must be communicated to the offeror.