The offeror has the choice to set a specific time until which the acceptance should reach him.
The offeror has the choice to set a specific time until which the acceptance should reach him.Tags: An Essay On The Principle Of Population TextMadonna And Feminism EssaysEssay Method StatementHow To Be A Successful Student EssayExamples Of Business Plan ProposalsSports Bar Business Plan Template
telephone, telex) on the ground that all the parties are aware of contract conclusion.
Therefore, they are unlikely to face risks such as delays or failure of transmission However, if it was reasonable to establish a specific postal rule for acceptance, consequently there may be another necessary rule concerning revocations of offers.
I confirm that I have read and understand the definitions of plagiarism, collusion and the fabrication of data as described in the University's Code of Practice on Assessment.
I confirm that I have not committed plagiarism or fabrication of data when completing this submitted piece of work, nor have I colluded with any other student in the preparation and production of this work. It was arbitrary, because there was no range of choice for communication and the postal services were the only option for distance contracting.
However, sometimes there will be the case where the offeree starts the negotiations by letter as mentioned in the previous section.
Therefore, the postal rule needs reconsideration, bearing in mind all the technology developments in the 21 of the distance communications.
The Postal Acceptance rule is a well-established common law principle applicable to contracts.
How has the principle been affected by e-commerce and electronic communication?
Under the dispatch principle, the postal rule is one-sided and unfair for the offeror.
That’s why British and American Telegraph Co v Colson“If the [offerors] were not bound by their offer when accepted by the [offerees] till the answer was received, then the [offerees] ought not to be bound till after they had received the notification that the [offerors] had received their answer and assented to it.