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Which situation is an exception to the general rule of communication of acceptance?
Which situation is an exception to the general rule of communication of acceptance?
- The parties make their contract orally through instantaneous communication
- The offeror stipulates that acceptance is not valid until physically received
- The offeree sends an acceptance through the post
- Both parties agree that silence is acceptance (correct)
What is the significance of the case of Felthouse v Bindley (1862)?
What is the significance of the case of Felthouse v Bindley (1862)?
- It established the postal acceptance rule
- It held that a condition imposed by the offeror, without the consent of the offeree, that the offeree’s silence would be taken as acceptance would not be enforceable (correct)
- It clarified the meaning of "receipt" in the Electronic Transactions Act
- It dealt with the issue of when acceptance is communicated via email
When does the Postal Acceptance Rule apply?
When does the Postal Acceptance Rule apply?
- When the offeror waives the need for communication of acceptance in a unilateral contract
- When the offeror stipulates that acceptance is not valid until physically received
- When both parties agree that silence is acceptance
- When the parties agree that acceptance should be sent by post (correct)
What is the Electronic Transactions Act?
What is the Electronic Transactions Act?
What is the general rule of acceptance for instantaneous communication?
What is the general rule of acceptance for instantaneous communication?
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