Revocation of proposals and acceptances

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Revocation of proposals and acceptances

Unread postby Admin » Thu Mar 10, 2016 7:50 pm

Revocation of proposals and acceptances.
A proposal may be revoked at any time before the com­munication of its acceptance is complete as against the proposer, but not afterwards.

An acceptance may be revoked at any time before the com­munication of the acceptance is complete as against the acceptor, but not afterwards.

Illustrations

A proposes, by a letter sent by post, to sell his house to B.

B accepts the proposal by a letter sent by post.

A may revoke his proposal at any time before or at the moment when B posts his letter of acceptance, but not afterwards.

B may revoke his acceptance at any time before or at the moment when the letter communicating it reaches A, but not afterwards.
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