Contracts
The 'mailbox rule' in Georgia contract law provides that acceptance of an offer is effective when:
AA. The offeror reads the acceptance
BB. The acceptance is dispatched (mailed or transmitted), not when received✓ Correct
CC. Both parties are present at the same location
DD. The acceptance is notarized
Explanation
Under the traditional mailbox rule, acceptance is effective upon proper dispatch (placing in the mail). However, many modern real estate contracts, including GAR forms, specify when acceptance takes effect through delivery provisions.
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