What is the acceptance and for what it is

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sometimes all the way and track financial performance is difficult to understand and analyze.There are new terms, new terms and conditions.A vivid example is the acceptance, incorporates several meanings.Today we will try to fully define its meaning and direction.So what is the acceptance?

Definitions

There are 3 definitions, more clearly and fully express the meaning of this word:

  • This consent of the person to carry out the transaction, addressed to him by means of the offer.A distinctive feature of acceptance is that consent is unconditional, that is, the participant fully accepts all the conditions of the operation.
  • It is a form by which calculations are carried out on securities (for example, checks and promissory notes).This may include banking services for individuals.
  • consent of the person to pay fixed payment requirements, thus having carried out calculations for the delivery of products supplier under the contract.
  • bankers' acceptances - notes issued by any bank.Its distinguishing feature is a low risk of default.

Stage contract

What is an acceptance?He is one of the several stages of the transaction.Here begins a kind of branch into two systems, different interpretations of the process.In Italy, Germany and France, a contract is concluded when the offeror receives acceptance.The second system is slightly different.In England, Japan and the US agreement comes into force at the moment of sending a positive response to the post of the offeror.This system is metaphorically called the "mailbox system".Even if the acceptance has come to the post office with a certain delay, and he was sent at the scheduled time, the contract will still be signed.In this system, the answer is not considered past due, therefore, there are no problems with the approval of the transaction.But there are those moments when she comes to offer acceptor late.In this case, the respondent should immediately notify the sender, who, in turn, will send a notice of the correct and timely sending of acceptance.It is fair business conditions.What is the acceptance and what are its characteristics based on the Russian legislation?Its main features - complete and unconditional.When the answer to an offer comes in such a way that the acceptor agrees to enter into transactions with several other conditions, the contract is considered null and void immediately and makes a new one.

Form of Acceptance

There are several forms that can be used to produce an answer to the offer:

  • written response.Its transmission is possible via fax, telegraph and other available tools.
  • public offer.A striking example of this is the nomination of products on store shelves and display cases.Acceptance in this case is the acquisition of consumer goods.
  • Committing actions specified in the agreement in due time.Such processes are called "conclusive."
  • Silence that when the threshold is reached for more than 10 days is considered a positive response to the offer.Typically, this form of acceptance is most often used in property processes.

Today we deal with the fact that such an acceptance, and studied its guidelines and the conditions under which it is valid.