offer and acceptance
n.
The two necessary components of a contract; a proposal by one party that is accepted by the other.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.

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  • Offer and acceptance — Contract law Part o …   Wikipedia

  • offer and acceptance — Essentials in the formation of a contract; the means through which the minds of the parties meet. 17 Am J2d Contr § 31. The assent or meeting of the minds of the parties in completing a contract of guaranty. 24 Am J1st Guar § 34 …   Ballentine's law dictionary

  • letter of offer and acceptance — Standard Department of Defense form on which the US Government documents its offer to transfer to a foreign government or international organization US defense articles and services via foreign military sales pursuant to the Arms Export Control… …   Military dictionary

  • offer — of·fer / ȯ fər/ n 1: a proposal, promise, or other manifestation of willingness to make and fulfill a contract or to bargain under proposed terms with another party that has the power to accept it upon receiving it denied accepting the offer see …   Law dictionary

  • Offer — may refer to: Settlement offer, an offer to end a civil lawsuit out of court Offers, a 2005 Dutch television film Office of Electricity Regulation (OFFER), a forerunner of the current Office of Gas and Electricity Markets in Great Britain In… …   Wikipedia

  • Acceptance (disambiguation) — Acceptance is the experience of a situation without an intention to change that situation.Acceptance is the 5th stage of the Kübler Ross model (commonly known as the stages of dying).Acceptance may also refer to:* Acceptance (band), an… …   Wikipedia

  • acceptance — The taking and receiving of anything in good part, and as it were a tacit agreement to a preceding act, which might have been defeated or avoided if such acceptance had not been made. The act of a person to whom a thing is offered or tendered by… …   Black's law dictionary

  • acceptance — The taking and receiving of anything in good part, and as it were a tacit agreement to a preceding act, which might have been defeated or avoided if such acceptance had not been made. The act of a person to whom a thing is offered or tendered by… …   Black's law dictionary

  • offer — I To bring to or before; to present for acceptance or rejection; to hold out or proffer; to make a proposal to; to exhibit something that may be taken or received or not. To attempt or endeavor; to make an effort to effect some object, as, to… …   Black's law dictionary

  • acceptance — I noun accedence, acceptio, accession, accordance, acknowledgment, acquiescence, adoption, agreement, allowance, approbation, approval, assent, assurance, compliance, comprobatio, concordance, consent, endorsement, ratification, receipt,… …   Law dictionary

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