Acceptance of goods

under the statute of frauds, is an intelligent acceptance by a party knowing the nature of the transaction.

See also: Acceptance

Webster's Revised Unabridged Dictionary, published 1913 by G. & C. Merriam Co.
References in periodicals archive ?
The decision on price withholding until final delivery and acceptance of goods is in keeping with the Consumer Protection Law and the Cabinet resolution concerning rights and duties of consumers and suppliers.
It also puts the onus on the buyer to provide payment to the seller upon acceptance of goods. This "push" versus "pull" model will rectify unmatched disbursements that, in the past, would result from the seller's pulling payment funds from the buyer without adequate notice or documentation.
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