Question: The mailbox rule: has a lineage tracing back less than 5 0 years to the English courts. Always applies, even if the agreement stipulates otherwise.

The mailbox rule:
has a lineage tracing back less than 50 years to the English courts.
Always applies, even if the agreement stipulates otherwise.
states that the acceptance is not effective until received by the offeror.
states that the acceptance is effective upon dispatch.
states that the offeree alone has the power to fix the moment of effectiveness.
The mailbox rule: has a lineage tracing back less

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Chapter 9 from Business Law and the Legal Environment was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 license without attribution as requested...

Q:

The mailbox rule: Responses places the burden on the offeror. places the burden on the offeror. states that the solution is not the same as the rationale for the rule. states that the solution is not...

Q:

QUESTION 2 1 The mailbox rule: states that the acceptance is not effective until received by the offeror. has a lineage tracing back less than 5 0 years to the English courts. states that the...

Q:

The mailbox rule: A. states that the solution is not the same as the rationale for the rule. B. states that an offer is considered accepted at the time that the acceptance is mailed C. states that...

Q:

The mailbox rule: Group of answer choices has a lineage tracing back less than 5 0 years to the English courts. states that the solution is not the same as the rationale for the rule. states that the...

Q:

The mailbox rule: Group of answer choices has a lineage tracing back less than 5 0 years to the English courts. states that the solution is not the same as the rationale for the rule. states that the...

Q:

The mailbox rule: states that the solution is not the same as the rationale for the rule. states that the acceptance is not effective until received by the offeror. places the burden on the offeror....

Q:

4) Parktown Realty Inc developed an upscale condominium complex. On October 1, Miranda Wine signed an offer to purchase one of the units. Part of that document said, "This offer is irrevocable by the...

Q:

News Article Analysis Each student will be required to find a current news article about a business situation, and analyze it from a human resource management perspective. Students will be required...

Q:

Unit1 1) The court's decision in Brown v. Board of Education had what effect on the decision made in Plessy v. Ferguson? a. It showed that precedent can be overruled and is not binding in every...

Q:

Which net position classifications may be affected by deferred inflows of resources? By deferred outflows of resources?

Q:

The information below relates to questions 1- 11. Emily and Sibusisiwe are two sisters of the Nkoane family who have recently qualified as chartered accountants. The two sisters are in a partnership,...

Q:

When you pay the monthly payment on your interest - free loan, which accounts are impacted and on which side? Question 3 Select one: a . The left sides in both Cash and Loans b . The left side in...

Q:

Determine the major differences between U.S. GAAP and IFRS disclosure reporting requirements related to each separately reportable operating segment. Next, give your opinion as to whether either U.S....