The Concept of Acceptance in Contract Law

You can simply define acceptance as the unqualified concession to the terms of an offer as conveyed by the offeror.

You can also define acceptance as an offeree’s assent, either by express act or by implication from conduct, to the terms of an offer in a manner authorized or requested by the offeror, so that a binding contract is formed.

It is the elements of acceptance that underscores the bilateral nature of a contract. In Orient Bank vs Bilante Intl the court identified three ways by which acceptance can be inferred: By words, by conduct and by correspondence passing between the parties. Read More…