Dictionary of Law
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acceptance :: legal definition


Acceptance - n. 1) receiving something from another with the intent to keep it, and showing that this was based on a previous agreement. 2) agreeing verbally or in writing to the terms of a contract, which is one of the requirements to show there was a contract (an offer and an acceptance of that offer). A written offer can be accepted only in writing. 3) receiving goods with the intention of paying for them if a sale has been agreed to. 4) agreement to pay a bill of exchange, which can be an "absolute acceptance" (to pay as the bill is written) or "conditional acceptance" (to pay only when some condition actually occurs such as the shipment or delivery of certain goods). "Acceptance" is most often used in the factual determination of whether a contract was entered into.

See also: contract offer and Related Law Terms ↓


Related Law Terms

amend :: v. to alter or change by adding, subtracting, or s ... mended pleading statute stipulation
bid :: n. an offer to purchase with a specific price stat ... getting the job. See also: contract
bilateral contract :: n. an agreement in which the parties exchange prom ... also: contract unilateral contract
cause of action :: n. the basis of a lawsuit founded on legal grounds ... property. See also: element lawsuit
change of circumstances :: n. the principal reason for a court modifying (ame ... ild support divorce spousal support
claim in bankruptcy :: n. the written claim filed by persons or businesse ... : bankruptcy bankruptcy proceedings
condition precedent :: n. 1) in a contract, an event which must take plac ... o the property. See also: condition
condition subsequent :: n. 1) in a contract, a happening which terminates ... Dad Fauntleroy. See also: condition
conditional sale :: n. a sale of property or goods which will be compl ... ng by September 1st. See also: sale
contract :: 1) n. an agreement with specific terms between two ... n oral contract unilateral contract
counter offer :: n. an offer made in response to a previous offer b ... it expire. See also: contract offer
counterpart :: n. in the law of contracts, a written paper which ... rent localities. See also: contract
firm offer :: n. in contract law, an offer (usually in writing) ... ptance contract counter offer offer
grace period :: n. a time stated in a contract in which a late pay ... the contract, i.e. your insurance.
libel :: 1) n. to publish in print (including pictures), wr ... libel per se public figure slander
mail box rule :: n. in contract law, making a written offer or acce ... nse in hand when the time runs out.
omission :: n. 1) failure to perform an act agreed to, where t ... of contract negligence reformation
option :: n. a right to purchase property or require another ... ng or upon expiration of the lease.
oral contract :: n. an agreement made with spoken words and either ... itten. See also: agreement contract
palimony :: n. a substitute for alimony in cases in which the ... the relationship. See also: alimony
power of acceptance :: n. the ability to accept an offer and thus create ... ecide to accept the original offer.
repair :: v. to restore to former condition or in some contr ... tching to temporarily halt leaking.
requirements contract :: n. a contract between a supplier (or manufacturer) ... produces. See also: output contract
save harmless :: v. 1) also called hold harmless, to indemnify (pro ... . See also: hold harmless indemnify
spendthrift clause :: n. a provision in a trust or will that states that ... tly to Junior. See also: trust will
statute of limitations :: n. a law which sets the maximum period which one c ... ies. See also: demurrer laches toll
unilateral contract :: n. an agreement to pay in exchange for performance ... consideration contract performance

Popular Law Searches

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forthwith definition legal :: adv. a term found in contracts, court orders and s ... mediacy, with no excuses for delay.
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Other Law Terms - A

a fortiori :: (ah-for-she-ory) prep. Latin for "with even strong ... rother Cain certainly is too young.
a priori assumption :: (ah-pree-ory) n. from Latin, an assumption that is ... when the reality is not so certain.
a.k.a. :: prep. abbreviation for "also known as" when someon ... nodgrass, a.k.a. "Snuffy the Snod."
ab initio :: prep. lawyer Latin for "from the start," as "it wa ... tart," as "it was legal ab initio."
abandon :: v. to intentionally and permanently give up, surre ... lso: abandoned property abandonment
abandoned property :: n. property left behind (often by a tenant) intent ... -use. See also: abandon abandonment
abandonment :: n. the act of intentionally and permanently giving ... : abandon abandoned property patent
abate :: v. to do away with a problem, such as a public or ... ty septic tank. See also: abatement
abatement :: n. 1) the removal of a problem which is against pu ... eneficiary in full. See also: abate
abduction :: n. the criminal taking away of a person by persuas ... g of children. See also: kidnapping
abet :: v. to help someone commit a crime, including helpi ... n the crime. See also: aid and abet
abeyance :: 1) n. when the owner- ship of property has not bee ... 2) legal jargon for "undetermined."
able-bodied :: adj. physically capable of working at a job or in ... of paying alimony or child support.
abortion :: n. the termination of pregnancy by various means, ... ed abortion continue in the future.
abrogate :: v. to annul or repeal a law or pass legislation th ... ons of a contract. See also: repeal
abscond :: v. 1) traditionally to leave a jurisdiction (where ... as in "he absconded with the loot."
absolute :: adj. complete, and without condition. ... j. complete, and without condition.
abstention doctrine :: n. when the Supreme Court refuses to exercise its ... being appealed from a state court.
abstract :: n. in general, a summary of a record or document, ... tract of judgment abstract of title
abstract of judgment :: n. a written summary of a judgment which states ho ... aying the debt. See also: levy lien