Acceptance

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  • Acceptance
    • An unequivocal statement, agreeing to and accepting the offer.
    • Communicate
      • Where parties are in each others presence communication is instantaneous
      • If acceptance is out of business hours communication happens the next working day
        • Shipping & Chartering v Astarte Shipping
      • Silence is not an acceptance
        • Felthouse v Bindley
      • Can be written, oral or conduct
      • In unilateral contracts its done by fully performing the act
        • Carlill v Carbolic Smoke Ball
    • Postal rule of acceptance
      • Takes place as soon as the letter is posted
        • Adams v Lindsell
      • Even when the letter doesnt arrive
        • Household Fire Insurance v Grant
  • Where parties are in each others presence communication is instantaneous

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