Revocation of Offer

Revocation of Offer. What happens when the offeror decides he is no longer interested in the contract?How does he terminate his offer? Or does an offer remain forever after it is made? To put it simple, an offer can become terminated if the offeree hasn’t accepted it. Although this is simple enough, like in all… Continue reading Revocation of Offer

Revocation of Acceptance

Revocation of Acceptance. Revocation of an offer is the act of recall or annulment. It is the cancelling of an act, the recalling of a grant or privilege, or the making void of some deed previously existing.. Generally, where acceptance is not by post it can be revoked before it reaches the offeror. However, the… Continue reading Revocation of Acceptance