Revocation means "Cancellation ". It may be revocation of Offer or Acceptance.
An offer may come to an end by revocation, Lapse or Rejection.
Section 6 deals with various modes of revocation of an offer. In all cases offer comes to an end:
An offer may come to an end by revocation, Lapse or Rejection.
Section 6 deals with various modes of revocation of an offer. In all cases offer comes to an end:
- Revocation of offer by communication of notice.
- Revocation by Lapse of time.
- Revocation by failure to fulfill a condition precedent to acceptance.
- Revocation by death or insanity of the offeree.
- Revocation by cross offer.
- Revocation by failure of accept according to the mode prescribed.
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