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The postal rule of acceptance of an offer became entrenched in the common law of contract in the English courts and therefore in the Australian courts during the nineteenth century. The postal rule continues to apply today. This is so despite the fact that many more efficient methods of communication have since emerged. A)Explain the postal rule, the reasons for its creation and continued application.B)Given that legislation overrides the common law, what impact (if any) do the Electronic Transactions Act 1999 (Cth) and the Electronic Transactions Act 2000 (Vic) have on the postal rule of acceptance.C)Should the postal rule apply to email and other forms of modern communication?