ExpertEasy1 markMultiple Choice
ACCA · Question 28 · Corporate and Business Law
Under the postal rule, when is acceptance of an offer legally effective?
Under the postal rule, when is acceptance of an offer legally effective?
Answer options:
A.
When the letter is written.
B.
When the letter of acceptance is properly posted.
C.
When the letter is received by the offeror.
D.
When the letter is read by the offeror.
How to approach this question
Recall the exception to the general rule of communication of acceptance.
Full Answer
B.When the letter of acceptance is properly posted.✓ Correct
The postal rule (Adams v Lindsell) states that where use of the post is reasonable, acceptance is effective the moment a properly addressed and stamped letter is posted.
Common mistakes
Applying the receipt rule to postal acceptances.
Practice the full ACCA LW — Corporate and Business Law Practice Exam 1
60 questions · hints · full answers · grading
More questions from this exam
Q01Which of the following courts is bound by the decisions of the Court of Appeal (Civil Division)?EasyQ02In the context of statutory interpretation, what is the 'mischief rule'?MediumQ03Which of the following statements regarding the Human Rights Act 1998 is correct?MediumQ04A shop displays a laptop in its window with a price tag of £50. The actual price is £500. A custo...EasyQ05Which of the following represents a valid exception to the rule that past consideration is no con...Medium