Business Studies

What does the postal rule state?


Answer & Solution

That acceptance occurs as soon as the letter is posted.


SOLUTION
Postal rule states that acceptance occurs as soon as the letter is posted.. According to the postal rule, there is a contract which makes the acceptance  possible when the letter gets posted. Postal rule is often referred as a rule of contract law.
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Single Correct Medium Published on 18th 08, 2020
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