Postal Rule

The Postal Rule is a legal principle concerning how offers and acceptances are communicated. It states that when you accept an offer by sending a letter, the acceptance is considered effective as soon as you post it, even if the offeror doesn't receive it right away. This means that a contract is formed the moment you mail your acceptance, not when the other party reads it. This rule aims to protect the person accepting the offer, ensuring they are bound to the agreement as soon as they have expressed their intention to accept it.