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What is Understanding Acceptance in Contract Law about?
Acceptance in contract law is the definitive agreement to an offer, forming a binding contract when combined with an offer and consideration. Valid acceptance must be unconditional, communicated, made in the prescribed mode, by the offeree, within a reasonable time, with the intention to create legal relations, and can also be indicated by conduct. Additionally, agreements without consideration are generally void unless they fall under certain exceptions, and a valid contract requires essential elements suc
- Author
- Likith Elisha
- Language
- EN