This kind of error is very common but not specific to ACF. You’re trying to echo $term->name, and the error says it can’t find name. So take a step back and see what WordPress has actually put into your $term by dumping it. You can’t echo every type of var, but you can print_r() it. Do a print_r( $term ); and go from there. It may be empty, it may be a string, array, object. Lots of possibilities.
