Rules which govern the acceptance of an offer

If he makes a counteroffer , the original offer becomes irrelevant. If you accept a counteroffer, this becomes the basis of the contract of sale. A contract does not become effective unless the offerer receives a communication of acceptance from the offeree.

The communication may be instant or at a later point in time, say for instance, through email or post. Although signing a contract is a common way of accepting an offer, there are various other ways of acceptance. For example, if you offer a contractor to paint your home for a certain sum of money and make some advance payment to him, the receiving of advance payment itself amounts to an acceptance by the contractor.

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Entertainment Law. What Constitutes Acceptance of a Contract Offer? No contract exists until an offer is accepted. So what does "acceptance" mean? One party's response to an offer doesn't communicate a readiness to be bound.

Conditional Acceptance and Counteroffers When one party responds to an offer with additional conditions or qualifications, the response is generally considered to be a counteroffer, not an acceptance.

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