BLAW 3201 Chapter : Ch 11 StudyQ
Document Summary
Revocation- usually done by expressing a wish to withdraw an offer. Rejection- the offeree does not accept the offer. If an offer is made irrecocable the offeror is serverly limited in their right to revoke the offer: lapse of time, destruction of the subject matter, death or incompetence, supervenening illegality. The person or party that received the offer. The offer must be accepted as proposed, otherwise an amendment would essentially be a counteroffer. Unless specified otherwise the acceptance is communicated as long as it is no longer in the offeree"s possession.
