Every enforceable contract consists of three basic elements: offer, acceptance and consideration. In this module, we'll explore offer and acceptance.In this blog post, we will break down the different elements of a contract, focusing on the offer, counter offer, acceptance, and material terms. Acceptance in contract law is when a person agrees to the terms of an offer without any changes. Example cases demonstrating issues of offer and acceptance under Malaysia's contract act of 1950. Offer and acceptance are the fundamental building blocks of contract law, establishing a clear and mutual agreement between both parties. Key components include the parties' names, statement of acceptance, reference to the offer, next steps or conditions, date, and signature. Offerees who take action that objectively indicates agreement risk the formation of a contract. Completing an application happens after you fill out the Express Interest Tool. First-year applicants (high-school seniors) may apply for Early Decision, Early Action, or Regular Decision.