acceptance offer definition
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acceptance acceptance - the act of taking something that is offered; her acceptance of the gift encouraged him; he anticipated their acceptance of his offer. acquisition - the act of contracting or assuming or acquiring possession of something; the acquisition of wealth; the acquisition of one company by another.
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Definitions &Translations Wiktionary(0.00 / 0 votes)Rate this definition: acceptance(Noun) The act of accepting; a receiving of something offered, with approbation, satisfaction, or acquiescence; especially, favorable reception; approval. the acceptance of a gift, office, doctrine, etc.
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Are there different kinds of contract acceptance? There are three types of acceptance including express acceptance, implied acceptance, and conditional acceptance. In the world of merchant agreements, formal contracts are sometimes too tedious for a busy schedule.Instead, merchants, contractors, and buyers have developed these types of acceptance of a contract.xamples of expressly accepting a contract include your signature, orally agreeing to the offer, shaking hands, or even exchanging business cards with the offer and accepted terms. Express acceptance is the most obvious and leaves no room for doubt that the offer was accepted.
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- Acceptance agent fee or commonly known as AA Fee's is a fee you will pay the servant that is authorized in sealing your contents in an envelope for shipping. Please note the charge does not include the actual shipping.
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embrace adoption - the act of accepting with approval; favorable reception; its adoption by society; the proposal found wide acceptance. acceptance, acceptation, espousal. embrace, bosom - a close affectionate and protective acceptance; his willing embrace of new ideas; in the bosom of the family.
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Tender offer The tender offer is a public , open offer or invitation ( usually announced in a newspaper advertisement ) by a prospective acquirer to all stockholders of a publicly traded corporation ( the target corporation ) to tender their stock for sale at a specified price during a specified time , subject to the tendering of a minimum and maximum number of ...
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Contract Law Unilateral Contract: A person accepts an offer by performing a requested act. The terms of the offer must clearly indicate that an act is required for acceptance. Example: John tells Dan that he will pay Dan $100 if Dan paints his car, and that Dan should show acceptance of the offer by the act of painting the car.
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U.C.C. - ARTICLE 2 - SALES (2003 Revision - WITHDRAWN) § 2-206. Offer and Acceptance in Formation of Contract. (1) Unless otherwise unambiguously indicated by the language or circumstances. (a) an offer to make a contract shall be construed as inviting acceptance in any manner and by any medium reasonable in the circumstances;
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UCAS terms explained Conditional offer – in your application, an offer of a place on a course subject to conditions. To be accepted on the course, you’ll need to meet the conditions – usually related to your exam results.This is a common type of offer for students applying directly from further education.xtra – in an undergraduate application, Extra is a service you can use to apply for alternative places if you do not hold an offer from your first five choices. Firm choice – in your application, an offer you accept as your first choice.
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acceptance Agreements: Granting of an unqualified consent (whether express or implied) to the terms of a contract by the involved parties. When an offer is received, it is either accepted or countered (with a counter offer). A counter offer obligates the other party to accept it or respond with its own counter offer. Accepting an offer (or a counter offer) creates a binding contract.
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Contracts and the Law 1 The terms of an offer must be definite and certain. 2  An acceptance is a clear expression of the accepting party's agreement to the terms of the offer. 3  Consideration is a legal term given to the bargained-for exchange between the parties to the contract -- something of some value passing from one party to the other.
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- [Your Signature]. Whether by standard mail or email, if you have accepted a job offer it is always a good idea to send a job acceptance letter. This communique is a way to outline the details of the job, an opportunity to thank those with whom you've met, as well as confirm the start day of your employment.ere are all the elements you should include. An acceptance letter can be brief. It should be addressed to the person who formally offered you the position and include your contact details again.
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Acceptance Acceptance in human psychology is a person's assent to the reality of a situation, recognizing a process or condition (often a negative or uncomfortable situation) without attempting to change it, protest. The concept is close in meaning to 'acquiescence', derived from the Latin 'acquiēscere' (to find rest in).
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Firm Offer n. in contract law, an offer (usually in writing) which states it may not be withdrawn, revoked or amended for a specific period of time. If the offer is accepted without a change during that period, there is a firm, enforceable contract. (See: contract, offer, acceptance)
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- Contract law: invitations to treat (1). An invitation to treat is an invitation for customers to submit an offer, and indicates a willingness to deal.
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UCAS Postgraduate: decisions and replies Universities can make the following decisions. Unconditional offer: the university is offering you a place and is satisfied you have already met all the entry requirements for your programme. If you accept an unconditional offer, the university or college must provide a place. When you've met the conditions, send the university evidence of this, such as notification of your exam results. 2  Your place will then be confirmed and your status will change to 'Unconditional offer accepted'. 3  If you accept a conditional offer and you meet all the conditions, the university must provide a place.
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Glossary Acceptances — A bill of exchange or negotiable instrument drawn by the borrower for payment at maturity and accepted by a bank. The acceptance constitutes a guarantee of payment by the bank and can be traded in the money market. The bank earns a stamping fee for providing this guarantee.
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- An offer of money; the act by which one individual offers someone who is holding a claim or demand against him or her the amount of money that the offeror regards and admits is due, in order to satisfy the claim or demand, in the absence of any contingency or stipulation attached to the offer.
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Definition of 'acceptance speech' acceptance speech (əkˈsɛptəns spiːtʃ) noun. a speech that someone makes when they are accepting a prize, honour, or award. his acceptance speech for the Nobel Peace Prize. In his acceptance speech the actor paid tribute to the 'memory of all of the African-American actors who went before me'.
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Definitions &Translations credence, acceptance (noun) the mental attitude that something is believable and should be accepted as true he gave credence to the gossip; acceptance of Newtonian mechanics was unquestioned for 200 years adoption, acceptance, acceptation, espousal (noun) the act of accepting with approval; favorable reception its adoption by society; the proposal found wide acceptance acceptance (noun) the state of being acceptable and accepted
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UCAS Undergraduate: types of offer Decisions universities and colleges can make. Either a conditional or unconditional offer is good news. A conditional offer means you still need to meet the requirements – usually exam results. An unconditional offer means you've got a place, although there might still be a few things to arrange.
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- the act of offering or suggesting something for acceptance, adoption, or performance. a plan or scheme proposed. an offer or suggestion of marriage.
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acceptance 3 (of a CONTRACT offer) an acceptance is an unqualified assent to the terms of an offer by the offeror (the original person making the offer). If qualifications are made, the so-called acceptance becomes a counter-offer that itself would have to be accepted by the original offer.
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Verbal Contract Information The acceptance of a verbal contract occurs when the person to whom the contract is offered voluntarily indicates agreement to its terms and conditions. Consideration: In addition to an offer and acceptance, verbal contracts must contain consideration. This means that each side must give the other something of value for the agreement to be binding. In most verbal contracts, this is an exchange of money, such as a down payment. However, in some cases, it is not money but a promise that is exchanged.
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What Is an Offer in Contract Law? Offer is one of the elements that make for a valid contract, and is the main focus of our lesson. To back it up a bit, there are six elements to a contract. When two parties choose to enter into a contract, the first thing that occurs is an offer.
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Rejection Law and Legal Definition Rejection Law and Legal Definition Rejection is a refusal to accept a contractual offer. Rejection means a refusal to accept tendered goods as contractual performance. Under the Uniform Commercial Code, a buyer's rejection of nonconforming goods should be made within a reasonable time after tender or delivery, and the seller should be notified about the rejection.
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"Study sets matching ""term:offeree = person who makes the offer""" Study sets matching term:offeree = person who makes the offer. Economics the study of the choices people make to satisfy their unlimited needs and wants by using limited resources Economist a person who studies the choices made withun an economic system. Microeconomics is the study of indiividual economic actors.