In contract law, what is the term for an unequivocal acceptance of an offer?

The term that refers to an unequivocal acceptance of an offer in contract law is "Acceptance." In a contractual context, acceptance occurs when the offeree agrees to the terms of the offer without any modifications or conditions. This acceptance creates a binding agreement between the parties involved. It must be clear, definite, and communicate the willingness of the offeree to be bound by the terms proposed by the offeror.

Acceptance can be communicated verbally, in writing, or through an action that signifies agreement. It is crucial that this acceptance reflects the exact terms presented in the offer; any deviation would constitute a counteroffer rather than acceptance. Therefore, understanding the nature of acceptance is fundamental to forming enforceable contracts, making this term vital in contract law.