Argumentation essay (assignment) is for a class of “Legal aspect of General Insurance” in Hong Kong. Please try to quote the court cases in Hong Kong or UK if it is needed. Guidelines from the instructor: – Introduction: Thesis statement – Definitions: Acceptance, postal rule – Relevant legislative and case law towards instant communication –

Modern business practice fo​‌‍‍‍‌‍‍‍‌‍‍‍‌‌‌‌‌‌‍‍​r offer and acceptance – Market practice in insurance industry – Definition for Ratification – Conclusion This is a legal class for an general insurance diploma but not for a legal diploma, so please try to use the wordings as a regular student for insurance instead of professional wording for laws. The lecture notes attached for your reference, P.11 and 100 mentioned about the t​‌‍‍‍‌‍‍‍‌‍‍‍‌‌‌‌‌‌‍‍​opic.

“The Postal Rule under contract law and the Principle of Ratification under agency law are no longer relevant to the insurance sector nowadays.” Analyze whether this statement is correct.