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Desolo Desolo
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Posts: 11831
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10 years ago
How can an offeror revoke an offer?

This is for my business law class, anything will help
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bbb
wrote...
#1
9 years ago
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.
Desolo Author
wrote...
#2
9 years ago
Thanks a lot. Best homework help ever.
bbb
wrote...
#3
9 years ago
Great! Here to help.
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