Acknowledgment and Acceptance is a process whereby a recipient of a service, product, or agreement confirms that they have received it and agree to its terms. It is usually a form of communication between two parties that is used to ensure that both parties understand and agree to whatever it is that is being acknowledged and accepted. Acknowledgment and Acceptance is often used to ensure that the recipient understands the conditions of an agreement and is legally bound to abide by them. There are two types of Acknowledgment and Acceptance: verbal and written. Verbal Acknowledgment and Acceptance is the process of communicating agreement through spoken words, while Written Acknowledgment and Acceptance is the process of confirming agreement through written documents such as contracts and agreements. Written Acknowledgment and Acceptance is considered more legally binding than verbal acknowledgment and acceptance.