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Legal Definitions - special acceptance

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Definition of special acceptance

Definition: Special acceptance is a type of acceptance that deviates from the terms of a bill or the terms added to it. It is an acceptance that departs from the usual terms of a bill.

Example: An example of special acceptance is when a draft is accepted as payable in a specific place, even though the draft does not contain such a limitation.

This means that the acceptor has agreed to pay the draft in a way that is different from what was originally agreed upon. This type of acceptance is not common and is usually done to accommodate the needs of the parties involved.

If the law is on your side, pound the law. If the facts are on your side, pound the facts. If neither the law nor the facts are on your side, pound the table.

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Simple Definition

Special acceptance is when someone agrees to the terms of an offer in a way that is different from what was originally proposed. For example, if someone accepts a bill of exchange as payable in a specific place, even though the bill does not mention this requirement, it is considered a special acceptance. This type of acceptance can create a binding contract, but it may also operate as a counteroffer if it modifies the original terms of the offer.

The law is a jealous mistress, and requires a long and constant courtship.

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The end of law is not to abolish or restrain, but to preserve and enlarge freedom.

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