Posting Rule
The posting rule (or mailbox rule in the United States, also known as the "postal rule" or "deposited acceptance rule") is an exception to the general rule of contract law in common law countries that offer and acceptance, acceptance of an offer takes place when communicated. Under the posting rule, that acceptance takes effect when a letter is posted (that is, dropped in a post box or handed to a postal worker); the post office will be the universal service provider, such as the UK's Royal Mail, the Australia Post, or the United States Postal Service. In plain English, the "meeting of the minds" necessary to contract formation occurs at the exact moment word of acceptance is ''sent'' via post by the person accepting it, rather than when that acceptance is ''received'' by the person who offered the contract. The rules of contracts by post (postal rules) include the following: # An offer made by post/letter is not effective until received by the offeree. # Acceptance is effective ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Contract Law
A contract is an agreement that specifies certain legally enforceable rights and obligations pertaining to two or more Party (law), parties. A contract typically involves consent to transfer of goods, Service (economics), services, money, or promise to transfer any of those at a future date. The activities and intentions of the parties entering into a contract may be referred to as contracting. In the event of a breach of contract, the injured party may seek legal remedy, judicial remedies such as damages or equitable remedies such as specific performance or Rescission (contract law), rescission. A binding agreement between actors in international law is known as a treaty. Contract law, the field of the law of obligations concerned with contracts, is based on the principle that pacta sunt servanda, agreements must be honoured. Like other areas of private law, contract law varies between jurisdictions. In general, contract law is exercised and governed either under common law jur ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Byrne V Van Tienhoven
''Byrne & Co v Leon Van Tien Hoven & Co'' 8805 CPD 344 is a leading English contract law case on the issue of revocation in relation to the postal rule. In it Lindley J of the High Court's Common Pleas Division ruled that an offer is only revoked by direct communication with the offeree, and that the postal rule does not apply in revocation; while simply posting a letter counts as a valid acceptance, it does not count as valid revocation. Facts Van Tienhoven & Co posted a letter from their office in Cardiff to Byrne & Co in New York City, offering 1000 boxes of tinplates for sale on 1 October. Byrne and Co got the letter on 11 October. They telegraphed acceptance on the same day. But on 8 October Van Tienhoven had sent another letter withdrawing their offer, because tinplate prices had just risen 25%. They refused to go through with the sale. Consequences Lindley J held that the withdrawal of the offer was not effective until it was communicated. His judgment stated the fo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Option Contract
An option contract, or simply option, is defined as "a promise which meets the requirements for the formation of a contract and limits the promisor's power to revoke an offer". Option contracts are common in relation to property (see below) and in professional sports. An option contract is a type of contract that protects an offeree from an offeror's ability to revoke their offer to engage in a contract. Under the common law, consideration for the option contract is required as it is still a form of contract, cf. Restatement (Second) of Contracts § 87(1). Typically, an offeree can provide consideration for the option contract by paying money for the contract or by providing value in some other form such as by rendering other performance or forbearance. Courts will generally try to find consideration if there are any grounds for doing so. See consideration for more information. The Uniform Commercial Code (UCC) has eliminated a need for consideration for firm offers between me ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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McAllen, Texas
McAllen is a city in the U.S. state of Texas and the most populous city in Hidalgo County. It is located at the southern tip of the state in the Rio Grande Valley, on the Mexican border. The city limits extend south to the Rio Grande, across from the Mexican city of Reynosa. McAllen is about west of the Gulf of Mexico. As of the 2020 census, McAllen's population was 142,210, making it the 21st-most populous city in Texas. It is the fifth-most populous metropolitan area ( McAllen–Edinburg–Mission) in the state of Texas, and the binational Reynosa–McAllen metropolitan area counts a population of more than 1.5 million. From its settlement in 1904, the area around McAllen was largely rural and agricultural in character, but the latter half of the 20th century had steady growth, which has continued in the 21st century in the metropolitan area. The introduction of the ''maquiladora'' economy and the North American Free Trade Association led to an increase in cross-bor ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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San Benito, Texas
San Benito is a city in Cameron County, Texas, Cameron County, in the US state of Texas, United States. Its population was 24,861 at the 2020 United States census, 2020 census. On April 3, 2007, San Benito celebrated the 100th anniversary of its naming. The post office was named "Diaz" from April to May 1907. The San Benito Museum, Freddy Fender Museum, and Conjunto Music Museum opened in the same building on November 17, 2007. On October 25, 1975, on the television show ''Hee Haw'', Freddy Fender saluted his hometown of San Benito, population 15,177. San Benito is part of the Brownsville–Harlingen–Raymondville combined statistical area, Brownsville–Harlingen–Raymondville and the Matamoros–Brownsville Metropolitan Area, Matamoros–Brownsville metropolitan areas. History San Benito is known as the "Resaca City". The Resaca de los Fresnos, wide, flows through the city. As indicated by its Spanish name, the resaca (channel), ''resaca'' is a dry river bed. It is now th ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Texas Education Agency
The Texas Education Agency (TEA) is the branch of the government of Texas responsible for public education in Texas in the United States.Welcome to the Texas Education Agency " ''Texas Education Agency''. Accessed December 13, 2015. "Texas Education Agency 1701 N. Congress Avenue Austin, Texas, 78701" The agency is headquartered in the William B. Travis State Office Building in . Mike Morath, formerly a member of the Dallas Independen ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Law Of Texas
The law of Texas is derived from the ''Constitution of Texas'' and consists of several levels, including constitutional law, Statute, statutory law, regulatory law, case law, as well as Local ordinance, local laws and regulations. Each level establishes a framework for the relationship between the state, local governments, and its people. By defining power, responsibility, and the limitation of these entities, the law of Texas provides the structural and legal foundation upon which Texas and local governments operate and influence policy decisions across all local levels. Sources The Constitution of Texas is the foremost source of state law. Legislation is enacted by the Texas Legislature, published in the ''General and Special Laws of the State of Texas, General and Special Laws'', and codified in the ''Texas Statutes''. State agencies publish regulations (sometimes called administrative law) in the ''Texas Register'', which are in turn codified in the ''Texas Administrativ ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Texas Courts Of Appeals
The Texas Courts of Appeals are part of the Texas judicial system. In Texas, all cases appealed from district and county courts, criminal and civil, go to one of the fifteen intermediate courts of appeals, with one exception: death penalty cases. The latter are taken directly to the Texas Court of Criminal Appeals, the court of last resort for criminal matters in the State of Texas. The highest court for civil and juvenile matters is the Texas Supreme Court. The First through the Fourteenth Courts of Appeals have geographically-based jurisdiction. The Fifteenth Court of Appeals, established in 2023, has exclusive statewide jurisdiction for civil appeals involving state government institutions and their employees and officers; challenges to the constitutionality of a state statute; and, appeals from the Texas Business Court. The number of justices on the Supreme Court (SCOTX) and the Court of Criminal Appeals (CCA) is set at nine each by the Texas Constitution, while then number ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Re London & Northern Bank
Re or RE may refer to: Arts, media and entertainment * '' ...Re'', a 2016 Indian Kannada-language film * ''Realencyclopädie der classischen Altertumswissenschaft'', a German encyclopedia of classical scholarship * ''Resident Evil'', a horror game franchise Music * Re, the second syllable of the scale in solfège ** D (musical note) or Re, the second note of the musical scale in ''fixed do'' solfège * Re: (band), a musical duo based in Canada and the US Albums * ''Re'' (Café Tacuba album) * ''Re'' (Les Rita Mitsouko album) * '' Re.'', by Aya Ueto * ''Re:'' (EP), by Kard Language * ''re'' (interjection), in Greek * Re (kana) (れ and レ), Japanese syllables * ''In re'', Latin for 'in the matter of...' ** RE: and Re:, a standard email subject line prefix Organisations * Renew Europe, a political group in the European Parliament * Renovación Española, a former Spanish monarchist political party * Royal Engineers, a part of the British Army * Royal Society of Painter-Pri ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Post Office
A post office is a public facility and a retailer that provides mail services, such as accepting letter (message), letters and parcel (package), parcels, providing post office boxes, and selling postage stamps, packaging, and stationery. Post offices may offer additional services, which vary by country. These include providing and accepting government forms (such as passport applications), and processing government services and fees (such as road tax, Postal savings system, postal savings, or bank fees). The chief administrator of a post office is called a postmaster. During the 19th century, when the postal deliveries were made, it would often be delivered to public places. For example, it would be sent to bars and/or general store. This would often be delivered with newspapers and those who were expecting a post would go into town to pick up the mail, along with anything that was needed to be picked up in town. Before the advent of postal codes and the post office, postal syst ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Pony Express
The Pony Express was an American express mail service that used relays of horse-mounted riders between Missouri and California. It was operated by the Central Overland California and Pikes Peak Express Company. During its 18 months of operation beginning in 1860, the Pony Express reduced the time for messages to travel between the east and west US coast to about 10 days. It became the west's most direct means of eastwest communication before the first transcontinental telegraph was established (October 24, 1861), and was vital for tying the new state of California with the rest of the United States. Despite a heavy subsidy, the Pony Express was not a financial success and went bankrupt in 18 months, when a faster telegraph service was established. Nevertheless, it demonstrated that a unified transcontinental system of communications could be established and operated year-round. When replaced by the telegraph, the Pony Express quickly became romanticized and became part of ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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E-mail
Electronic mail (usually shortened to email; alternatively hyphenated e-mail) is a method of transmitting and receiving Digital media, digital messages using electronics, electronic devices over a computer network. It was conceived in the late–20th century as the digital version of, or counterpart to, mail (hence ''wikt:e-#Etymology 2, e- + mail''). Email is a ubiquitous and very widely used communication medium; in current use, an email address is often treated as a basic and necessary part of many processes in business, commerce, government, education, entertainment, and other spheres of daily life in most countries. Email operates across computer networks, primarily the Internet access, Internet, and also local area networks. Today's email systems are based on a store-and-forward model. Email Server (computing), servers accept, forward, deliver, and store messages. Neither the users nor their computers are required to be online simultaneously; they need to connect, ty ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |