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acceptance |
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acceptance, n the act of a person to whom something is offered or tendered by another, whereby he receives that which is offered with the intention of retaining it. A contract is not valid without the acceptance of an offer by the party to whom the offer is made, either expressly or by conduct. acceptance, absolute, n an express and positive agreement to pay a bill according to its text. acceptance, conditional, n an agreement to pay a bill on the fulfillment of a condition. acceptance, implied, n an acceptance interpreted by law from the acts or conduct of the patient. |
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