inherited traits are those passed down by our parents and are found in our genes e.g. big nose, big ears, little feet, colour of the eye.
Aquired Traits are traits that are not passed down but instead "aquired" since birth. An example of this is: scars, pierced ears, the length of your hair, the loss of a limb.
Acquired traits can not be passed on genetically. Acquired traits include things such as calluses on fingers, larger muscle size from exercise or from avoiding predators. Behaviors that help an organism survive would also be considered acquired characteristics most of the time. Inherited traits must come from a parent or other ancestor. A trait may seem to skip a generation or even two or three, but if a trait shows up it must have been present in an ancestor. Mutations are the exception to this rule. Inherited traits include things such as hair color, eye color, muscle stucture, bone structure, and even features like the shape of a nose. Inheritable traits are traits that get passed down from generation to the next generation.
hope it helps.. :)