If the Mail Is a Reasonable Means for Accepting an Offer

question 171

Essay

If the mail is a reasonable means for accepting an offer, is there a contract formed when the offeror drops a letter of revocation in the mailbox at the very same instant that the offeree drops a letter of acceptance in the mailbox? Explain.

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Definitions:

Self-actualization

The achievement of fulfilling one's abilities and possibilities, seen as an inherent motivation or necessity found in all individuals.

Impulse Control

The ability to resist or delay an immediate response or desire.

Resilience

The capacity to recover quickly from difficulties; toughness and the ability to bounce back from adversity.

Self-regard

An individual's perception, understanding, and respect for themselves, contributing to their self-esteem and confidence.