A Letter of Acceptance is a written document used in business settings to officially accept an offer or proposal. It is written by the recipient of the offer, indicating their acceptance and desire to move forward with the agreement. It typically includes details such as: a signature from both parties, the terms and conditions agreed upon, and a step-by-step outline of how the procedure will be handled. The Letter of Acceptance serves as a legal binding contract that is often required for employees, contracts, and other business-related issues. By signing it, both parties are held to the terms outlined and are responsible for following through on them.