Under the _______, acceptance of an offer takes place when a properly addressed postage paid mail acceptance is placed in the hands of US Postal Service.
A) mailbox rule
B) mail carrier rule
C) dispatch rule
D) acceptance by mail rule

Question

Quizplus · Accepted Answer

The Mailbox rule states that acceptance of an offer takes place when a properly addressed postage paid mail acceptance is placed in the hands of US Postal Service. This means that the acceptance is effective when it is posted, rather than when it is received by the offeror. The other options (B, C, D) are not recognized legal rules for acceptance of an offer.

Under the _______, Acceptance of an Offer Takes Place When