According to the mailbox rule:
A) a contract is formed when the offer is mailed.
B) a contract is formed when the offer is received.
C) a contract is formed when the acceptance is received.
D) a contract is formed when the acceptance is mailed.
E) a contract is formed when the offer is converted in a written document.

Question

Quizplus · Accepted Answer

Unless the offeror specifies a particular time, the acceptance usually binds the parties when the offeree dispatches it. Since the offeree frequently mails the acceptance, the acceptance becomes binding when it is "deposited" with the postal service-hence the deposited acceptance rule, also called the mailbox rule.

According to the Mailbox Rule