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Restatement second of Contracts Excerpts:

§41. LAPSE OF TIME

(1) An offeree's strength of reputation is terminated on the time laid out in the supply, or, if no time is special, on the finish of an inexpensive time.

(2) what's a cheap time is a query of truth, reckoning on the entire conditions current while the supply and tried popularity are made.

(3) until differently indicated by means of the language or the conditions, and topic to the rule of thumb said in §49, a suggestion despatched by means of mail is seasonably authorised if an popularity is mailed at any time ahead of nighttime at the day on which the provide is received.
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