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Exam L4M3 Topic 2 Question 215 Discussion

Actual exam question for CIPS's L4M3 exam
Question #: 215
Topic #: 2
Which of the following is likely to reduce risks of different rules regarding when offers and acceptance become effective between legal systems?

Suggested Answer: D Vote an answer

Regarding rule of offer and acceptance, there are some differences among legal system around the world. For example, mailbox rule is generally applied in common law countries such as UK, US, Australia,.. while it is ignored in civil law countries. To clarify on rule of offer and acceptance in international trade, offerors may use expressed terms in their offers. These terms known as deemed receipt protocol.
Reference: CIPS study guide page 35
LO 1, AC 1.2

by Carol at Jul 12, 2026, 09:14 AM

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