What is implied acceptance?

Implied acceptance occurs when a party's conduct demonstrates their agreement to the terms of a contract, even if they do not explicitly express their acceptance through words. This form of acceptance is derived from actions, behavior, or the context surrounding the interaction, rather than a formal verbal or written acknowledgment.

For instance, if someone shouts a price at a market and the other party nods and begins to pay, their nod serves as an implied acceptance of the offer. The principle behind implied acceptance is that certain actions can clearly indicate agreement, establishing the intent to enter into a contract without the need for verbal confirmation.

In contrast, the other options pertain to different forms of acceptance. Verbal acceptance is straightforward and involves explicit communication, while written documentation emphasizes formal agreements often requiring signatures. Acceptance that requires confirmation indicates a need for an additional step to finalize the agreement, which is not characteristic of implied acceptance.