Unqualified willingness to go along with the offer Acceptance Unqualified willingness to go along with the offer

Requirements of Acceptance Unconditional Acceptance Mirror Image Rule Acceptance must “mirror” offer Any change means there is no acceptance Counteroffer Offeree makes an offer Offeror becomes offeree

Methods of Acceptance Contract accepted when sent, if same method of communication used Contract accepted when received, if different method of communication is used If method is stated in offer, it MUST be used Action=Acceptance Silence cannot be a method of acceptance

Example of Acceptance

Example of Acceptance

Termination of Offer Revocation – Taking back of an offer by offeror Rejection – Refusal by the offeree Counteroffer – Any change in the terms of the offer Expiration of Time – If the offer puts a time limit on the offer and it has passed Death – Offeror dies Insanity – Offeror is declared insane