Acceptance
Term · Law · MLC-T-LAW-000297
The unqualified assent to the terms of an offer, creating a legally binding agreement. It must be communicated to the offeror in a manner specified or implied by the offer. Silence generally does not constitute acceptance, unless there is a prior course of dealing or agreement.
| Identifier | MLC-T-LAW-000297 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-000297",
"term": "Acceptance",
"field": "Law",
"definition": "The unqualified assent to the terms of an offer, creating a legally binding agreement. It must be communicated to the offeror in a manner specified or implied by the offer. Silence generally does not constitute acceptance, unless there is a prior course of dealing or agreement.",
"url": "https://mlchart.com/terminology/law/acceptance/"
}
Record 58 of 5,441 in Law terminology (MLC-0107). Request the full dataset.