acquiescence |
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Definition
Action or inaction by a person that can be binding as an implied or indirect acceptance of a contract, whether or not such was his or her intention. Sale of goods received by a trader implies the trader's acceptance of their invoiced price, and not taking of any legal action by a landowner against a trespasser indicates an indirect acceptance of the trespasser's right to occupy the land.
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acquiescence is in the Agreements & Contracts and Corporate, Commercial, & General Law subjects.
acquiescence appears in the definitions of the following terms: implied authority and confession of judgment
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