What is acceptance of a contract?

Acceptance of a contract is the point at which two or more parties agree to the terms of a contract and are legally bound to fulfill the obligations stated in the contract. In Florida, there are two general ways to accept a contract. The first is verbal acceptance, which is a spoken agreement between two or more parties. When verbal acceptance is used, it is important for both parties to clearly state their agreement in a clear and unambiguous way, so that everyone is aware of the terms and the agreement. The other way to accept a contract is written acceptance. Written acceptance can be done in the form of a letter, an email, or a signature. The written agreement should also be clear, listing out the expectations of each party. It is important to note that for either method, if there is an offer and an acceptance, then the contract is legally binding. Therefore, it is important to be sure that everyone involved understands the contract before they agree to it.

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What is acceptance of a contract?

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