| 释义 |
qualified acceptance
Qualified AcceptanceIn 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. qualified acceptance see ACCEPTANCE.Qualified Acceptance
Qualified Acceptance1. The agreement by a bank to pay only a portion of a bill of exchange, or to pay only after it changes the terms under which payment is made. This differs from a general acceptance, in which the bank honors the bill without condition.
2. The agreement to a contract, contingent upon some change being made. |