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Question: 1 / 550

What is the term for agreeing to an offer made, typically through signing?

Acceptance

Acceptance is the term used to signify agreeing to an offer, which is often formalized through a signature. When one party accepts an offer, they are indicating their consent to the terms proposed, creating a binding agreement between the involved parties. This concept is foundational in contract law, as acceptance demonstrates mutual understanding and agreement that is essential for a contract to be valid.

In the context of contracts, acceptance must be clear and unequivocal – there should be no ambiguity about whether an agreement has been reached. This is why signing a document is often considered a strong form of acceptance, as it provides clear evidence that the party agrees to the terms outlined in the offer. Other terms like proposal, confirmation, or approval do not carry the same legal significance in defining the process of agreeing to an offer as acceptance does.

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Proposal

Confirmation

Approval

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