qualified acceptance

Qualified Acceptance

In contract law, an assent to an offer that is either conditional or partial and alters the offer by changing the time, amount, mode, or place of payment.

In order for a contract to be valid, an acceptance of an offer must not be subject to any conditions; therefore, a qualified acceptance is tantamount to a counteroffer.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.

qualified acceptance

see ACCEPTANCE.
Collins Dictionary of Law © W.J. Stewart, 2006
Mentioned in
Copyright © 2003-2025 Farlex, Inc Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.