In this event, the acceptor's letter must actually be received by the offerer, before the contract is complete.
One can readily see that all the proof would be in the possession of B, the acceptor.
Before the bill became due it was again discounted for Cardineaux by his banker, and Bradshaw, the acceptor, became bankrupt.
Why is the leading horse in a wagon-team like the acceptor of a bill?
The person to whom a draft is directed is called the drawee or acceptor.
If he assents to the order, he is then called 941 the acceptor.
The acceptor's mother was not a lady to take such a deception lightly.
So long as I'm the holder, not the drawer, nor the acceptor.
On the other hand, should the offerer ask for a promise and not for an act, the acceptor must give the promise asked for.
The acceptor of a bill is the principal debtor; the drawer, the surety.
acceptor ac·cep·tor or ac·cept·er (āk-sěp'tər)
The reactant in an induced reaction that has an increased rate of reaction in the presence of the inductor.
The atom that contributes no electrons to a covalent bond.