An offer is a proposal from one party to another intending to create a legal obligation upon acceptance. Acceptance in contract law is when a person agrees to the terms of an offer without any changes.The traditional contract law rule is that an acceptance must be the mirror image of the offer. SUNY is here to help you understand the process, navigate delays, and complete your FAFSA as you apply to any SUNY school. To be eligible for the STAR credit or exemption, you must own your home and it must be your primary residence.