List and Describe at Least Four Reasons to Acquire and Use

question 11

Essay

List and describe at least four reasons to acquire and use an IDPS.

---

Definitions:

Mailbox Rule

A legal principle that an offer is considered accepted once the acceptance is dispatched, not when it is received by the offeror.

Verbal Acceptance

An agreement to the terms of an offer conveyed through spoken words rather than written.

Promissory Estoppel

A legal principle that prevents a promisor from retracting a promise when the promisee has relied on it to their detriment.

Equitable Treatment

Fair and impartial treatment of all parties involved in a legal matter or transaction.