The mailbox rule determines when a contract is considered to be deemed accepted by the offeree, thus depriving the offeror of the right to revoke the offer.

Name: The mailbox rule determines when a contract is considered to be deemed accepted by the offeree, thus depriving the offeror of the right to revoke the offer.
Brand: Quizplus
Rating: 4.8 (46 reviews)

Question

Quizplus · Accepted Answer

The mailbox rule governs common law contracts and is a rule that determines when a contract is considered to be deemed accepted by the offeree.

The Mailbox Rule Determines When a Contract Is Considered to Be