Asked by Tyesha Valles on Jun 30, 2024

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The postbox rule makes it clear that, when people choose to communicate by mail, they take the risk of delay or loss, and the acceptance as a result will be binding only when or if received.

Postbox Rule

A legal doctrine stating that an offer is considered accepted once the acceptance is posted, not when the offeror receives it.

Communicate by Mail

The process of sending messages or information through postal services.

  • Learn about the role and effect that acceptance, offer, and communication play in the development of contracts.
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ND
Naree DachruchaJul 01, 2024
Final Answer :
False
Explanation :
The postbox rule, also known as the mailbox rule, states that an acceptance becomes effective, and thus a contract is formed, at the time the acceptance is sent by the offeree, not when it is received by the offeror. This means that the risk of delay or loss in the mail falls on the offeror, not the offeree.