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Showing posts with the label Legal rules or essentials of a valid acceptanceShow all

BUSINESS LAW- ACCEPTANCE AND LEGAL RULES REGARDING AN ACCEPTANCE IN CONTRACT

Acceptance June 20, 2019
BUSINESS LAW- ACCEPTANCE AND LEGAL RULES REGARDING AN ACCEPTANCE IN CONTRACT

MEANING: It occurs when an offeree agrees to be mutually bound to the terms of the contract by giving consideration or something of value like money to seal the deal. When the person to whom the proposal is made signifies his assent, it is an…

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