WebThe posting rule (or mailbox rule in the United States, also known as the "postal rule" or "deposited acceptance rule") is an exception to the general rule of contract law in … WebExplain the effect of the postbox rule on the principles governing acceptance. The general rule of acceptance is that it must be communicated to the offeror before it is effective, …
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WebThe following elements of a contract are crucial for any legally valid agreement and should be kept in mind as general rules: 1. The offer (terms of the offer) One party must make an offer to another. This is a description of terms that the offering party makes to the other and is legally obliged to carry out. A formal job offer is a perfect ... WebNov 6, 2008 · See answer (1) Best Answer. Copy. Post box rule implies that if the parties were to communicate through mail, the acceptance to the contract would be effective … midsouth printing
mailbox rule Wex US Law LII / Legal Information Institute
WebFeb 24, 2024 · natural law, in philosophy, system of right or justice held to be common to all humans and derived from nature rather than from the rules of society, or positive law. There have been several disagreements over the meaning of natural law and its relation to positive law. Aristotle (384–322 bce) held that what was “just by nature” was not always … WebStudents also viewed these Business questions. Q: Explain the nature of the potential lending losses associated with each of Q: Explain the nature of the risk-based capital … Web4. All the clauses of this Guide are based on the Indian Post Office Act and Rules framed by the Government under the said Act. Nothing in this Guide, therefore, supersedes any of the provisions in the Indian Post Office Act or Rules. 5. Amendments as may be necessary will be issued from time to time by the Director General, Posts. mid south premium finance