LAW 505-002 – Contracts I
Restatement Second of Contracts § 50
Acceptance of Offer Defined; Acceptance by Performance; Acceptance by Promise
- Acceptance of an offer is a manifestation of assent to the terms thereof made by the offeree in a manner invited or required by the offer.
- Acceptance by performance requires that at least part of what the offer requests be performed or tendered and includes acceptance by a performance which operates as a return promise.
- Acceptance by a promise requires that the offeree complete every act essential to the making of the promise.