COMMUNICATION OF ACCEPTANCE Acceptance by external manifestation or overt act This definition clearly requires that the asset should be signified. It may be signified or expressed by an act or omission by which the party accepting intends to communicate his assent or which has the effect of communicating it. A very common instance of an act amounting to acceptance is the fall of hammer in the case of an auction sale. The principle is that there should be some external manifestation (overt act) of acceptance. A mere mental determination to accept unaccompanied by any external indication will not be sufficient. In the words of Shah J : “An agreement does not result from a mere state of mind: intent to accept an offer or even a mental resolve to accept an offer does not give rise to a contract. There must be some external manifestation of that intent by speech, writing or other act. ” Such manifestation may be in the form of express words, written or spoken or may be signified thr