The ____________ states that an acceptance sent via the postal system or by courier is effective when sent.
A) mirror image rule
B) mailbox rule
C) acceptance rule
D) good faith rule

Question

Quizplus · Accepted Answer

The statement described in the question refers to the mailbox rule, which specifies that an acceptance conveyed through the postal system or a courier service is effective when dispatched rather than when received by the offeror. This rule is based on the premise that the offeree relies on the reliability of the postal service to deliver the acceptance promptly and without interference, and that it is reasonable to assume that the offeror will be aware of any delay or non-delivery of the acceptance. The mailbox rule applies only to acceptances, not to offers or other types of communications.

The ____________ States That an Acceptance Sent Via the Postal