The major objective for the formation of contract will not be complete without offer and acceptance.This shared intentons of the parties involves communication which must come from one party to the other thereby creating legal binding agreement if there is a meeting of the mind by the contracting parties.
One major issue that taking the time of jurist and legal writters is 'THE POSTAL RULE'.
The big question has been when will a contract start counting or when is it enforce?
It is a trite law that when an offer to sell goods is made by post,the reply by post signal the formation of a contract.
Coming from a third world country whereby the communcation mechanisms are near zero,does this same rule applies,should this precident be followed?
Even though it has been held that where an offer 'notice in writting ' to the vendor,the posting of the letter did not conclude the contract of sale.Then,does it originally cancel the meeting of the mind of the contracting parties if the mail never arrive?
I strongly argue that the general postal rule should be sent back for proper legislation or amended so that the contracting world will stop litigating over when,how,if and why.