MLchartDataset catalogue

Accept

Term · Law · MLC-T-LAW-000296

To agree to the terms of an offer, thereby creating a binding contract. Acceptance must be an unequivocal and unconditional manifestation of assent to the offer's terms, communicated to the person who made the offer. Under the Uniform Commercial Code (UCC), a buyer accepts goods by indicating they conform to the contract, failing to make an effective rejection, or acting in a way inconsistent with the seller's ownership.

Table 1. Record
IdentifierMLC-T-LAW-000296
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-000296",
  "term": "Accept",
  "field": "Law",
  "definition": "To agree to the terms of an offer, thereby creating a binding contract. Acceptance must be an unequivocal and unconditional manifestation of assent to the offer's terms, communicated to the person who made the offer. Under the Uniform Commercial Code (UCC), a buyer accepts goods by indicating they conform to the contract, failing to make an effective rejection, or acting in a way inconsistent with the seller's ownership.",
  "url": "https://mlchart.com/terminology/law/accept/"
}

Record 57 of 5,445 in Law terminology (MLC-0107). Request the full dataset.