Asked by Yessenia Castro on May 28, 2024

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Which of the following considers a properly dispatched acceptance sent by any reasonable means of communication within a reasonable time to be effective on dispatch?

A) Traditional contract laws
B) UCC
C) CISG
D) Restatement (SeconD)

UCC

The Uniform Commercial Code, a comprehensive set of laws governing all commercial transactions in the United States, including sales, leases, negotiable instruments, and secured transactions.

CISG

The United Nations Convention on Contracts for the International Sale of Goods, governing the sale of goods between parties from different countries.

Restatement Second

A collection of treatises on U.S. law aimed at summarizing, clarifying, and perhaps modernizing the law, with "Second" indicating a second edition of a subject area.

  • Recognize the contribution of different communication methods in the acceptance process and the enactment of the mailbox rule.
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Payton MaloneMay 31, 2024
Final Answer :
D
Explanation :
A modern version of the mailbox rule that is sanctioned by the Restatement (Second)holds that an offer that does not indicate otherwise is considered to invite acceptance by any reasonable means of communication,and a properly dispatched acceptance sent by a reasonable means of communication within a reasonable time is effective on dispatch.