Contract Acceptance
/ˈkɒn.trækt əkˈsɛptəns/
Definitions
- (n.) The assent by an offeree to the terms of an offer, creating a binding contract.
The contract acceptance by both parties was necessary to finalize the agreement.
Forms
- contract acceptance
- contract acceptances
Related terms
See also
Commentary
Contract acceptance must be communicated to the offeror, and its timing may affect the formation of the contract.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.