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Acceptance
A requirement for entering into a binding contract. If a contract proposal (offer) is made, it is accepted if the offeree signs the offer as submitted. If the offeree makes any changes to the offer before signing, it is a counter offer, not acceptance.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Convention
- Category: Conferences
- Company: CIC
- Product:
- Acronym-Abbreviation:
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