What Is the Purpose of the Practical Application of the Rules

question 15

Multiple Choice

What is the purpose of the practical application of the rules governing the acceptance of an offer, which has been upheld in a number of decisions of the Canadian courts?

• A) It ensures the application of the postal rule remains valid across Canada.
• B) It qualifies any witness to the event who can testify to that effect.
• C) A party must be aware it may become bound to contractual obligations.
• D) It satisfies the need for proof that the necessary events occurred.

---

Definitions:

Opportunity Cost

The cost of forgoing the next best alternative when making a decision or choosing one option over another.

Public Goods

Goods that are non-excludable and non-rivalrous, meaning they are available for everyone to consume without diminishing their availability to others, such as public parks and national defense.

Electoral System

The method by which votes are counted and converted into seats in a legislature or for selecting a government.

Brand Names

Represent trademarks or trade names that identify specific products or services associated with a company or manufacturer.