If you need help with the meaning of acceptance in law, you can post your legal need on UpCounsel's marketplace. 1. postal acceptance rule: an offer is accepted when the acceptance is posted. As is trite, to every general rule there is an exception. It is therefore important to know what constitutes a valid acceptance in order to establish if the parties are bound by the agreement. You can withdraw an offer any time before it's accepted. The rules of contracts often vary from state to state. Offer and Acceptance. Acceptance must be communicated to offeror Hyde v Wrench (1840) 7. Acceptance and legal rules for acceptance 1. Acceptance By Post. The basic building blocks of any contract are offer, acceptance and consideration. Intention to create legal relation. The terms of the acceptance must exactly match the terms of the offer. Acceptance of an offer is the expression of assent to its terms. We already covered the provisions relating to an offer, legal rules of a valid offer, types of offer and invitation to treat.Plz, check the link given below. With reference to the legal rules relating to offer and acceptance of a contract, advise the club whether it can claim the joining fee from Mary, Frank and Ali. Amity School of Business 30 5. Acceptance must be communicated to the offeror, otherwise it has no effect. The acceptance must be communicated to the offeree. This means that a binding contract is formed and, accordingly, the person who made the offer cannot sell to another without being liable in damages for breach of contract. In the case of Adams vs Lindsell it was decided that where acceptance is by post, it becomes valid … Only the person to whom the offer is made can accept it. Powell v Lee (1908) 6. Acceptance must be judged objectively, but can either be expressly stated or implied by the offeree's conduct. The general rule is that a postal acceptance takes effect when the letter of acceptance is posted5 (even if the letter may be lost, delayed or destroyed6). When acceptance has been posted, it is considered to be communicated to the offeror, although it hasn’t reached the offeror (the letter of acceptance needs to be properly stamped and addressed for the rule to apply). The agreement must be certain. Law Of Contract 1872: CONTRACT OFFER, ACCEPTANCE & REVOCATION . UpCounsel accepts only the top 5 percent of lawyers to its site. The acceptance becomes legally valid and effective only when it fulfils following condition Know as legal rules of an acceptance. Acceptance can take effect by words or by conduct. The posting rule (or mailbox rule in the United States, also known as the "postal rule" or "deposited acceptance rule") is an exception to the general rule of contract law in common law countries that acceptance of an offer takes place when communicated. It is an unqualified acceptance of a bill of exchange that does not, in any way, alters the original terms of the bill. Why it had been creating so many problems for people and that we will be discussing later on. It was in Adams v Lindsell 1818 that the rule was devised. There are three main rules relating to acceptance: 1. Section 2(b) of the Act defines “acceptance” as “when the person to whom the proposal is made signifies his assent thereto, the proposal is said to be accepted.” Following are the legal rules for a valid acceptance:- Lawyers on UpCounsel come from law schools such as Harvard Law and Yale Law and average 14 years of legal experience, including work with or on behalf of companies like Google, Menlo Ventures, and Airbnb. There are three main rules relating to acceptance: 1. As is trite, to every general rule there is an exception to the offeror, otherwise it no! 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