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Unqualified Agreement

Forums › ACCA Forums › ACCA LW Corporate and Business Law Forums › Unqualified Agreement

  • This topic has 5 replies, 3 voices, and was last updated 13 years ago by mrjonbain.
Viewing 6 posts - 1 through 6 (of 6 total)
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  • May 26, 2011 at 12:30 pm #48607
    sunny20
    Member
    • Topics: 33
    • Replies: 30
    • ☆☆

    What is unqualified agreement?

    May 26, 2011 at 11:29 pm #82289
    neilsolaris
    Member
    • Topics: 59
    • Replies: 415
    • ☆☆☆

    Are you referring to an auditor’s “unqualified opinion” on the company’s accounts?

    May 27, 2011 at 11:07 am #82290
    sunny20
    Member
    • Topics: 33
    • Replies: 30
    • ☆☆

    Sorry. It’s referred to offer and acceptance

    May 27, 2011 at 4:14 pm #82291
    neilsolaris
    Member
    • Topics: 59
    • Replies: 415
    • ☆☆☆

    Oh yes, thanks!

    To me, I take the term ‘unqualified agreement’ to indicate that a person accepts the offer without any reservations. In other words, they are whole heartedly agreeing to the terms set out in the offer.

    May 27, 2011 at 6:40 pm #82292
    sunny20
    Member
    • Topics: 33
    • Replies: 30
    • ☆☆

    THANKS!

    July 11, 2011 at 7:05 pm #82293
    mrjonbain
    Moderator
    • Topics: 6
    • Replies: 2425
    • ☆☆☆☆☆

    Further to the earlier answer unqualified agreement to an offer is effectively the only valid kind of acceptance of an offer legally under Scottish and English law. Attempting to add conditions to the acceptance of an offer would be a counter offer ,legally speaking, and would have the effect of rendering the offer null and void and incapable of acceptance.

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