Offer and Acceptance
Law & contracts
Definition
The two matching elements that form an agreement. One party makes a clear offer and the other accepts it on the same terms, creating the "meeting of the minds" needed for a binding contract.
Related terms
Keep studying
Study the NPPE the smart way
squared.engineering pairs free NPPE practice questions with spaced repetition and Watson, your AI study companion, so terms like this one stick. Create a free account to track your progress.
Create your free accountBack to the full P.Eng & NPPE glossary, or see the 34 P.Eng competencies.
squared.engineering is an independent tool and is not affiliated with Engineers Canada or any provincial engineering regulator. This definition is for study and general information; always confirm legal and regulatory specifics with your regulator and the governing legislation.