Acceptance: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Remove link with BA page.) |
imported>Doug Williamson (Layout.) |
||
| Line 4: | Line 4: | ||
2. ''Law''. | 2. | ||
''Law''. | |||
One of the essential requirements for the formation of a contract under English law. | One of the essential requirements for the formation of a contract under English law. | ||
Revision as of 15:50, 13 May 2016
1.
A bill of exchange which has been 'accepted' by a high quality credit - usually a bank - effectively guaranteeing payment and thereby enhancing the credit quality of the bill.
2.
Law.
One of the essential requirements for the formation of a contract under English law.
Another essential requirement being an offer.
