MLchartDataset catalogue

Mailbox rule

Term · Law · MLC-T-LAW-003113

A common law principle in contract law stating that an offer is accepted when the offeree places the acceptance in the mail, rather than when the offeror receives it. This rule, also known as the dispatch rule, applies only to acceptances and not to offers, rejections, or revocations. It creates a binding contract at the moment of dispatch, provided the acceptance is properly addressed and stamped.

Table 1. Record
IdentifierMLC-T-LAW-003113
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-003113",
  "term": "Mailbox rule",
  "field": "Law",
  "definition": "A common law principle in contract law stating that an offer is accepted when the offeree places the acceptance in the mail, rather than when the offeror receives it. This rule, also known as the dispatch rule, applies only to acceptances and not to offers, rejections, or revocations. It creates a binding contract at the moment of dispatch, provided the acceptance is properly addressed and stamped.",
  "url": "https://mlchart.com/terminology/law/mailbox-rule/"
}

Record 3,077 of 5,445 in Law terminology (MLC-0107). Request the full dataset.