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Law, 13.10.2020 23:01 Dolphin56

ASAP! pls help me with these questions 1. Which of the following could be justifications for the mailbox rule.
A) The offeror should not be bound until he is aware the offer has been accepted.
B) The mailbox rule sets the default against the offeror because the offeror is master of the offer and empowered to alter it.
C) None.
D) Requiring more confirmation is a waste of social resources.

2. Which of the following methods is valid acceptance?
A) A mailed letter indicating acceptance of an option contract. The acceptance letter was lost in the mail.
B) A mailed letter indicating acceptance of a telegram marked “Highly urgent, response required immediately.”
C) None.
D) A mailed letter indicating acceptance of an offer letter. The acceptance letter was lost in the mail.

Tom mails John an offer to rebuild John’s garage. John receives Tom’s offer and sends a counteroffer by mail. A few hours after dropping the counteroffer in the mailbox John decides to accept Tom’s offer. Tom writes a new letter to accept the initial offer and drops it in the mailbox. Can Tom’s acceptance letter be valid?
A) Yes, Tom’s acceptance will be valid if John receives the acceptance before the counteroffer.
B) No, a counteroffer terminates the power of acceptance when it is sent by mail.
C) Yes, the mailbox rule means that Tom’s acceptance took place when he mailed it to John.

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