What is Special Acceptance? A Comprehensive Legal Overview
Definition & Meaning
Special acceptance refers to a specific type of acceptance in contract law where the acceptance deviates from the original terms of an offer or includes additional terms that are not explicitly stated in the offer. For example, if a person accepts a payment draft but specifies that it is payable only at a certain location, this constitutes special acceptance, even if the draft itself does not mention this limitation.
Legal Use & context
Special acceptance is primarily used in the context of contract law, particularly in transactions involving negotiable instruments such as drafts and checks. It is important in various legal practices, including civil law, where compliance with contract terms is essential. Users can manage related legal documents using templates provided by US Legal Forms, which are drafted by experienced attorneys.
Real-world examples
Here are a couple of examples of abatement:
Example 1: A buyer receives a sales contract for a car that states a price of $10,000. If the buyer responds by saying they will accept the offer but only if the car is delivered to their home, this is a special acceptance.
Example 2: A seller offers to sell goods for a specific price. If the buyer accepts but adds a condition that the goods must be delivered by a certain date, this is also considered a special acceptance. (hypothetical example)