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Simple English definitions for legal terms

blank acceptance

Read a random definition: advocate

A quick definition of blank acceptance:

Acceptance is when someone agrees to the terms of an offer, either by saying yes or by doing something that shows they agree. If they change the terms, it's called a counteroffer. Acceptance can also refer to a buyer agreeing to take goods they bought, or to someone agreeing to pay a bill. There are different types of acceptance, like express acceptance (saying yes out loud or in writing) and implied acceptance (doing something that shows you agree).

A more thorough explanation:

Blank acceptance is a type of acceptance in which the drawee signs a bill of exchange before it is made. This is indicated by the drawee's signature on the instrument.

For example, if a company sends a bill of exchange to another company, and the second company signs it before it is filled out, that is a blank acceptance. This type of acceptance is not common and is generally not recommended because it can lead to confusion and disputes.

Blank acceptance is different from other types of acceptance, such as express acceptance, which is a written or oral expression indicating that the drawee has seen the instrument and does not dispute its sufficiency. Another type is implied acceptance, which is an acceptance implied by a drawee whose actions indicate an intention to comply with the request of the drawer.

Overall, blank acceptance is not a common practice and can lead to confusion and disputes. It is important to carefully review and fill out any bills of exchange before signing them to avoid any misunderstandings.

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BulbasaurNoLikeCardio
12:10
*shouldnt be
12:12
@jackfrost11770: if i get a berk A today and they have that logo im withdrawing (/s /s /s /j /j /j)
babycat
12:12
@ChowieBean: me too lol. you applying to public interest scholars program?
12:14
yes def applying public interest
12:16
i was raised like blocks away from umiami
12:16
idk if i wanna go back to florida tho so im applying there as safety/target 💀
12:25
@ChowieBean: doing the same thing
Does anyone think au gonna get back to us today
My app was complete Oct 11
If yes what time
Dkk
12:29
Sure, yes! 11:22:24 PST
ClassyPleasantHeron
12:30
I wonder if Berk was updating their system so that they could watch more video.
1a2b3c4d26z
12:41
They updated it so they could watch my video one trillion times
brookyln law portal just added person id and application id for me, what does it mean??
Dkk
12:52
@VolatileClumsyAcolyte: well someone got an A so maybe an A
just checked the reddit, apparently it means nothing..
HAPPY FRIDAY HAPPY UCLA DAY
what time would they release cuz west coast
BulbasaurNoLikeCardio
12:54
I hate that Vanderbilts portal gives no status
HopefullyInLawSchool
12:54
@VolatileClumsyAcolyte: did you apply YM to Brooklyn?
JumpySubsequentDolphin
12:57
@SplitterusClitterus: THEY BETTER HAVE AN A WAVE TODAYYY
glovediedthisishismom
12:57
kendrick lamar
glovediedthisishismom
12:57
album
JumpySubsequentDolphin
12:57
I think usually they release at like 1ish?
JumpySubsequentDolphin
12:57
@glovediedthisishismom: GNXXXX
babycat
12:59
I heard if you apply YM at Brooklyn specifically it’s the equivalent of like a 5 LSAT point boost
HopefullyInLawSchool
13:00
^^^^This
13:00
does anyone have any information on lsu? I have only heard of 1 person getting a decision and its driving me insane
HopefullyInLawSchool
13:01
Just info on their YM applications but nothing else
HopefullyInLawSchool
13:02
@BeFree03:
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