Communication of revocation & its rules in contracts
Thu, 2 Dec 2021
An offer, its acceptance, and its revocation (withdrawal) is to be complete when it must be communicated. When the contracting parties are face to face and negotiate in person, a contract comes into existence the movement the offeree gives his absolute and unqualified acceptance to the proposal made by the offeror.
The following are the rules regarding communication of revocation:
1) As against the person who makes it, when it is put into a course of transmission.
2) As against the person to whom it is made, when its comes to his knowledge.