What are the elements of a valid contract?Offer, acceptance and consideraitonOffer, acceptance and…

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➤ How does acceptance differ from negotiation?
Acceptance is a final, unconditional agreement to the exact terms of an offer and creates the contract when communicated. Negotiation involves proposals and counter-offers that modify terms. A counter-offer rejects the original offer, and silence generally does not constitute acceptance unless parties agree otherwise.

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