If the offer is silent as to the time the acceptance is effective,the ____________ states that an acceptance sent via the postal system or by courier is effective when sent.
A) rule of contract
B) mailbox rule
C) acceptance rule
D) sent rule

Question

Quizplus · Accepted Answer

The rule referred to is commonly known as the "mailbox rule." It establishes that an acceptance sent via the postal system or by courier is effective when sent, even if it is lost or delayed in transit. This means that the acceptance is considered to be valid and binding as soon as it is dispatched by the offeror, regardless of whether it has been received by the offeree.

If the Offer Is Silent as to the Time the Acceptance