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Understanding Contract Acceptance Rules

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Created November 6, 2025

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https://www.revid.ai/view/understanding-contract-acceptance-rules-eBpKuc6OfoUO0TyohUF5

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Video Transcript

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A contract is legally binding the second you mail your acceptance, even if you immediately regret it.

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It’s called the Mailbox Rule, and there are no take-backsies. But not every promise

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is a real offer. A lawyer on TV saying, "I'll pay a million bucks to anyone who can do this,"

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isn't a contract—it's just hype. And if you accept a job offer but change the start

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date, you’ve actually just rejected their offer and made a new one.

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Your acceptance must be a perfect mirror image. So that handshake deal you made?

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If the price wasn't clear, you probably have nothing.

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