Asked by
Gabriella Ceccarelli
on Nov 11, 2024
Verified
For the postbox rule to apply, the offer must be made by mail.
Postbox Rule
A principle in contract law where an offer is considered accepted the moment the acceptance is sent, rather than when it is received by the offeror.
The system of transporting documents and other small packages through an organization dedicated to this task, traditionally utilizing physical delivery but also electronic means.
- Acquire knowledge about the utility and restrictions of the mailbox rule in the context of contract law.
Verified Answer
SB
Learning Objectives
- Acquire knowledge about the utility and restrictions of the mailbox rule in the context of contract law.
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