Presents for acceptance or refusal (6)
I believe the answer is:
offers
'presents for acceptance or refusal' is the definition.
(I've seen this before)
This is the entire clue.
(Other definitions for offers that I've seen before include "Presents for acceptance or refusal" , "Presents for acceptance or rejection" , "Bids, tenders" , "Tenders, presents" , "Specially reduced prices" .)