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To analyze acceptance on a contracts essay question, one must consider the three requirements of offer, acceptance, and consideration. In previous videos, the process of forming an offer and how it can be terminated before acceptance was discussed. Assuming a valid offer is still alive, the focus shifts to how the offeree can validly accept the offer. The key points to be covered in this video include the process of accepting a valid offer that has not been terminated. This is the next step in the analysis after establishing a valid offer. Additional points on acceptance will be covered in the following video.