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Define effective when dispatched

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Chapter 11 discusses the various ways in which to accept a valid contract. The general rule is that acceptance is effective when "dispatched", also known as the Malibox Rule, unless othewise stated.

1. Define "effective when dispatched"

2. State you opinion on whether or not this is a reasonable communication of accceptance.

3. Give an example that incoroporates your opinion.

Reference no: EM133254280

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