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Which of the following statements with regard to contract is not correct?

Because acceptance is complete as against the proposer upon posting, the offeror is bound even if the posted letter of acceptance is lost in transit, so the incorrect…

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Which of the following statements with regard to contract is not correct?

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Correct answer D

Because acceptance is complete as against the proposer upon posting, the offeror is bound even if the posted letter of acceptance is lost in transit, so the incorrect statement is "An offerer would not be bound by a contract, if the letter of acceptance posted by the offeree is lost in transit and thus is not received by the offerer".

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