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Qualified Acceptance

 
Law Encyclopedia: Qualified Acceptance
This entry contains information applicable to United States law only.

In contract law, an assent to an offer that is either conditional or partial and alters the offer by changing the time, amount, mode, or place of payment.

In order for a contract to be valid, an acceptance of an offer must not be subject to any conditions; therefore, a qualified acceptance is tantamount to a counteroffer.

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Law Encyclopedia. West's Encyclopedia of American Law. Copyright © 1998 by The Gale Group, Inc. All rights reserved.  Read more