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29 January, 06:04

The Tufte family leased a 260-acre farm from the Travelers, Inc. Toward the end of the lease, Travelers mailed the Tuftes an option to renew the lease. The option arrived at the Tuftes' house on March 30 and stated that they had until April 14 to accept. On April 13, the Tuftes signed and mailed their acceptance, which Travelers received on April 19. Travelers claimed there was no lease and attempted to evict the Tuftes from the farm. May the Tuftes stay?

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  1. 29 January, 08:32
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    Answer:Yes because under the mailbox rule, an acceptance of the offer is considered as effective at the time of dispatch.

    Explanation:

    Definition of the mailbox rule:

    The mailbox rule which is also known as the posting rule is the rule used in contract law in order to establish a period in which an offer can be considered accepted and it states that the offer is accepted the moment there is communication that has been started even if the communication is through emails.
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