The mailbox rule states that acceptance takes effect at the time the communication is sent via the mode authorized by the offeror.

Name: The mailbox rule states that acceptance takes effect at the time the communication is sent via the mode authorized by the offeror.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The mailbox rule, also known as the postal rule, states that an acceptance is effective once it is dispatched, provided it is sent in the manner authorized by the offeror, even if it has not yet been received by the offeror.

The Mailbox Rule States That Acceptance Takes Effect at the Time