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Other Fields Homework Help Business Topic started by: Desolo on Apr 2, 2014



Title: How can an offeror revoke an offer?
Post by: Desolo on Apr 2, 2014
How can an offeror revoke an offer?

This is for my business law class, anything will help


Title: Re: How can an offeror revoke an offer?
Post by: bbb on May 25, 2014
Under the common law, an offeror may revoke (i.e., withdraw) an offer any time prior to its acceptance by the offeree. Generally, an offer can be so revoked even if the offeror promised to keep the offer open for a longer time. The revocation may be communicated to the offeree by the offeror or by a third party and made by [1] the offeror's express statement or [2] an act of the offeror that is inconsistent with the offer. Generally, a revocation of an offer is not effective until it is actually received by the offeree.


Title: Re: How can an offeror revoke an offer?
Post by: Desolo on May 28, 2014
Thanks a lot. Best homework help ever.


Title: Re: How can an offeror revoke an offer?
Post by: bbb on Aug 27, 2014
Great! Here to help.