Acceptance is really important when it comes to making contracts. Here's how it works and why it matters:
What is Acceptance?
Acceptance means agreeing completely to the terms of an offer.
Why It Matters:
Around 73% of disputes about contracts happen because of acceptance problems.
Legal Impact:
If acceptance isn’t done correctly, the contract could be hard to enforce. For example, 60% of spoken contracts fall apart because of poor acceptance practices.
Mutual Agreement:
For a contract to be valid, both sides need to clearly agree on the terms. This means that acceptance should be obvious and communicated well.
Acceptance is really important when it comes to making contracts. Here's how it works and why it matters:
What is Acceptance?
Acceptance means agreeing completely to the terms of an offer.
Why It Matters:
Around 73% of disputes about contracts happen because of acceptance problems.
Legal Impact:
If acceptance isn’t done correctly, the contract could be hard to enforce. For example, 60% of spoken contracts fall apart because of poor acceptance practices.
Mutual Agreement:
For a contract to be valid, both sides need to clearly agree on the terms. This means that acceptance should be obvious and communicated well.