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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.
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
If an acceptance that materially changes a term in the offer will still be considered an acceptance true or false?
False
Can An Acceptance Can Impose New Conditions Or Change The Term Of The Original Offer Without Rejecting It?
No, an acceptance cannot impose new conditions or change the terms of the original offer without rejecting it. If the acceptance includes modifications, it is considered a counteroffer rather than an acceptance, which effectively rejects the original offer. For a valid acceptance, the response must mirror the terms of the offer exactly for a contract to be formed.
What is the difference between an offer and acceptance?
difference between offer and acceptance?
What is the difference between offer and acceptance?
difference between offer and acceptance?
When is communication for offer acceptance complete?
rules of acceptance
What is acceptance in business law?
The acceptance is an state act or proposition by manner that manifests agree to the term of an offer in a conduct required or invited by the offer so that a compulsory contract is formed. In other words, we can say that is the operate of a someone to whom something is offered by another. Where the offeree express through an act requested by the offer.
How would you define the term electromegnetism?
define the term "electromegnetism".
What are the component parts of an offer?
An offer is a component part of a contract. There are three steps in creating a valid contract: the offer, the acceptance of the offer and an exchange of consideration.An offer is a component part of a contract. There are three steps in creating a valid contract: the offer, the acceptance of the offer and an exchange of consideration.An offer is a component part of a contract. There are three steps in creating a valid contract: the offer, the acceptance of the offer and an exchange of consideration.An offer is a component part of a contract. There are three steps in creating a valid contract: the offer, the acceptance of the offer and an exchange of consideration.
Does Acceptance offer car insurance?
Acceptance does offer car insurance. If you contact them, a dedicated agent will be happy to help you sign up for the car insurance that Acceptance offers to its customers.
When acceptance of offer complete?
Generally an offer is accepted when acceptance is communicated to the offeror. This is covered under the section 8 of the INDIAN CONTRACT ACT.
