4th December 2019

wikipedia
13

Can an offeree revoke an offer?

Revocation of offer. An offeror may revoke an offer before it has been accepted, but the revocation must be communicated to the offeree (although not necessarily by the offeror,).

Beside this, can an offer be revoked after it has been accepted?

In contract law, revocation can also refer to the termination of an offer. An offeror may revoke an offer before it has been accepted, but the revocation must be communicated to the offeree, although not necessarily by the offeror. However, an offer may not be revoked if it has been encapsulated in an option.

When can an offer be terminated?

Offers may be terminated in any one of the following ways: Revocation of the offer by the offeror; counteroffer by offeree; rejection of offer by offeree; lapse of time; death or disability of either party; or performance of the contract becomes illegal after the offer is made.
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