Household Fire Insurance Co v Grant
1879 · 4 Ex D 216
Posted By lanbuk.com
- Facts
- An acceptance of an application for shares was posted. It never arrived. The company later failed.
- Issue
- Was there a contract even though the letter was lost?
- Held
- Yes. was complete on posting.
- Principle
- Where post is a permitted method, acceptance is effective when the letter is posted.
- Why it matters
- The risk of loss in the post falls on the offeror.
Words and Latin in this note
- Postal rule
- Where post is a permitted way to accept, the acceptance is complete when the letter is posted, even if it is lost. Open the note.
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