Contracts - Quick Offer and Acceptance

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aca0260
Posts: 137
Joined: Mon Aug 15, 2011 4:09 pm

Contracts - Quick Offer and Acceptance

Postby aca0260 » Sun Apr 29, 2012 10:45 pm

Revocations and counteroffers are effective on receipt. Does receipt mean the day you received the letter or the day you read the letter? Thanks!

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dingbat
Posts: 4976
Joined: Wed Jan 11, 2012 9:12 pm

Re: Contracts - Quick Offer and Acceptance

Postby dingbat » Sun Apr 29, 2012 11:47 pm

aca0260 wrote:Revocations and counteroffers are effective on receipt. Does receipt mean the day you received the letter or the day you read the letter? Thanks!

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NYC2014
Posts: 101
Joined: Mon Mar 19, 2012 9:48 pm

Re: Contracts - Quick Offer and Acceptance

Postby NYC2014 » Mon Apr 30, 2012 12:02 am

I bet there are a bunch of hypos that can stem from that if your teacher has made that a focus of his course. The mailbox rule is fairly arbitrary, though, which makes it hard to apply to different hypotheticals.




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