Document background
The Letter of Offer and Acceptance is a crucial document in Singapore's business and employment landscape, combining offer and acceptance elements in a single instrument. This document type is particularly valuable when formal documentation of both the offer and its acceptance is required, providing clarity and legal certainty for all parties involved. Under Singapore law, the Letter of Offer and Acceptance must comply with the Contract Law Act 1999 and related legislation, making it a legally binding document once properly executed. It's commonly used for employment offers, business partnerships, and commercial arrangements, containing essential terms, conditions, and acceptance procedures.
