Acceptance occurs when the buyer or lessee signifies to the seller or lessor in words or by conduct that the goods are conforming or that the buyer or lessee will take or retain the goods despite their nonconformity.

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This statement accurately describes the legal concept of acceptance of goods under the Uniform Commercial Code (UCC), which is a set of laws governing commercial transactions in the United States. Acceptance occurs when the buyer or lessee indicates to the seller or lessor that they are willing to keep the goods, even if they are not entirely conforming to the agreed-upon standards. This can happen either through explicit words or through the buyer's conduct (e.g. by using or keeping the goods without complaint). Once acceptance occurs, the buyer loses the right to cancel the contract or claim damages for the nonconformity of the goods, although they may still have some recourse if the defect is particularly severe.

Acceptance Occurs When the Buyer or Lessee Signifies to the Seller