Date:
Fri, 20 Oct 2006 08:15:37 +1000
From:
Peter Radan
Subject:
Postal Acceptance Rule
Jason,
I'm
not aware of authority on the point. Subject to any that does exist,
I would have thought the postal acceptance rule is just that, a
rule about acceptances. It is an exception to the requirement of
communication of acceptances. Although the rationale for the postal
acceptance rule is not altogether clear, it seems to me that the
best explanation for it is that it represents a policy decision
as to where the risk lies in cases where the post is used as a means
of accepting an offer. Given that the offeror has it within his/her
power to exclude the operation of the postal acceptance rule, it
is perhaps understandable that he/she is the one lumbered with the
risk. If the postal acceptance rule is about allocation of risk,
I don't see the need for a 'postal rejection rule' on the basis
that the issues of risk in relation to rejection do not arise.
In
practical terms your question raises the issue of whether an offeree
can, having posted a rejection, can change his/her mind, and accept
by some speedier means of communication, ie before the rejection
letter arrives. I don't see a problem with that. From an offeror's
perspective, a 'postal rejection rule' would bring about an earlier
termination of the offer and this could conceivably be in his/her
interest in some circumstances. However, the duration of the offer
is in any event within the control of the offeror who can withdraw
it is he/she wishes to do so.
Peter
Associate
Professor Peter Radan
Head, Department of Law
Macquarie University NSW 2109
Australia
Tel:
+61 (0)2 9850-7091
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