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Define the term offer and acceptance Explain the rules regarding valid offer and acceptence?
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Define acceptance list out the legal formalities regarding acceptance?
-Acceptance must be made in response to to and in exchange for the proposal -Acceptance must exactly match the term of the proposal
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Define offer and acceptance?
Offer and acceptance are required to create a legally binding contract. The offer is contracted and then by signing the contract the other person indicates their acceptance of the terms.
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A letter of acceptance is a letter saying that you have been accepted or approved for something. Like when you apply for a college and you get the letter saying you have been accepted for example.
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