Asked by DYLAN HOLLOWAY on May 02, 2024
Verified
Charter Company offers to provide an air-conditioned bus to Denny's tour group for $1,500 plus the cost of the fuel. The mailbox rule applies if Denny accepts the offer by
A) e-mail.
B) phone.
C) regular mail.
D) any of the choices.
Mailbox Rule
A rule providing that an acceptance of an offer becomes effective on dispatch.
Air-conditioned Bus
A bus equipped with a system to cool and dehumidify the air, providing comfort to passengers.
Tour Group
A group of individuals organized for the purpose of traveling together, usually with a guide or planned itinerary.
- Apply the mailbox rule to electronic communications and understand its implications for contract formation.
Verified Answer
JD
Jenna DonaldMay 08, 2024
Final Answer :
C
Explanation :
The mailbox rule, also known as the postal rule, applies to acceptances made by regular mail. This rule states that an acceptance is effective when dispatched, as long as the communication is correctly addressed and the means of communication is expressly or impliedly authorized by the offeror. In this scenario, regular mail is a traditional and impliedly acceptable method for such transactions, making choice C correct. Choices A (e-mail) and B (phone) do not apply to the mailbox rule as it specifically pertains to the use of postal services for acceptance.
Learning Objectives
- Apply the mailbox rule to electronic communications and understand its implications for contract formation.