mailbox rule

Definition of "mailbox rule"
  1. A principle in contract law stating that the consent to a contract becomes valid once a properly prepaid, addressed acceptance letter is sent within the acceptance period, unless the offer specifically demands acceptance by personal delivery
How to use "mailbox rule" in a sentence
  1. Under the mailbox rule, their contract became valid when I dropped my acceptance letter at the post office.
  2. She was relieved knowing the mailbox rule would validate her contract consent as soon as she mailed the acceptance letter.
  3. They had to rush their acceptance letter to meet the offer's deadline and take advantage of the mailbox rule.

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