A Rule Providing That An Acceptance Of An Offer Takes Effect At The Time It Is Communicated Via The Mode Expressly Or Implicitly Authorized By The Offeror - Rather Than At The Time It Is Actually Received By The Offeror. If Acceptance Is To Be By Mail - For Example - It Becomes Effective The Moment It Is Placed In The Mailbox.

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1. A Rule Providing That An Acceptance Of An Offer Takes Effect At The Time It Is Communicated Via The Mode Expressly Or Implicitly Authorized By The Offeror - Rather Than At The Time It Is Actually Received By The Offeror. If Acceptance Is To Be By Mail - For Example - It Becomes Effective The Moment It Is Placed In The Mailbox.