Examlex
Which of the following accounts is increased with a credit?
Offer
A proposal by one party to enter into a contract upon specified terms, subject to acceptance.
Postbox Rule
A principle in contract law where an offer is considered accepted the moment the acceptance is sent, rather than when it is received by the offeror.
The system of transporting documents and other small packages through an organization dedicated to this task, traditionally utilizing physical delivery but also electronic means.
Revocation
The act of withdrawing, cancelling, or annulling something previously granted, such as a contract, offer, or license.
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