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The rules on Acceptance are confusing and convoluted, especially the methods of Acceptance. The case law is contradictory and lacks the clarity needed in a commercial context.

Category: Arts & Education Paper Type: Report Writing Reference: N/A Words: 200

        It is known that offer and offer’s acceptance are two of the most important aspects of the contract. In the practical world of commercial business, however, the communication of the acceptance and the offer along with their timings, are also considered as important aspects. Acceptance for the legally binding contract proceeds as an offer that is considered as the second requirement.  It is known as an instance in the contractual formation where intentions of the parties as to the contract’s terms are unequivocal or same.  Then this intent must be communicated effectively to a person making an offer so that acceptance of the offer could be completed. One of the key relevant terms is unequivocal that is used while dealing with issues regarding acceptance, and it is known as “leaving no doubt” that is strictly interpreted most of the times. Second, most widely used keyword is communication, the moment intent, although, is effectively communicated and is obvious most of the times in specific situations, it is easy to overlook the issues.

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