The ‘postal rule’ of acceptance was established to provide business certainty when communications across the county was a time consuming process. How relevant is the rule in the modern era and the increasing use of instantaneous communications?

LEARNING OUTCOMES:
• Understand the Basic Elements of Contract Law, so that he/she is aware of what is required to form a valid and binding contract.

• Understand some of the factors which affect the validity of a contract.

• Appreciate and be able to comment critically on the development of contract law.

• Identify and explain possible solutions to problems within the law of contract.
COURSEWORK:
The ‘postal rule’ of acceptance was established to provide business certainty when communications across the county was a time consuming process. How relevant is the rule in the modern era and the increasing use of instantaneous communications?
Critically discuss with reference to the relevant legal authority.

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