Case_Study_Week_3_

Case_Study_Week_3_ - The mailbox rule is a term of common...

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The mailbox rule is a term of common law contracts which determines when a contract has been formed where the parties are communicating via the mail. The basic thrust of the rule is that an acceptance of an offer that is sent before a revocation of the offer is received. However, if a communication is sent rejecting the offer and a later communication is sent accepting the contract, then the first one to be received by the offer or will prevail. Okosa v. Hall: The Issue: In the case Okosa v. Hall the issue is whether their belated payment of an installment due on their automobile insurance policy was sufficient to avoid the cancellation of their policy and sanction the filing of their claim for Personal Injury Protection benefits as being timely made. Obianuju Okosa was involved in an accident with Tawn D. Hall on March 16, 1994, Hall was uninsured and Okosa sought Personal Injury Protection benefits. On March 15, 1994, while the policy was still in effect, Okosa mailed, by certified mail, a check for the required payment. As indicated, the automobile accident with
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This note was uploaded on 11/15/2010 for the course MG 260 taught by Professor Brentgilje during the Fall '09 term at Park.

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Case_Study_Week_3_ - The mailbox rule is a term of common...

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