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Outline the basic rule of the law of contract regarding the effective revocation of an offer.
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LLB FT: CONTRACT COURSEWORK No.1 Outline the basic rule of the law of contract regarding the effective revocation of an offer. In the general Law of Contract, there have been five fundamental performances by which an offer can be terminated. Firstly, an offer can be withdrawn. Thus, an offer can be withdrawn by the offeror at anytime before acceptance has taken place. The general rule for revocation is, to withdraw an offer; the offeror must bring notice of the withdrawal to the attention of the offeree. But, there is however no actual requirement that the offeror himself must be the one to put forward his withdrawal to the attention of the offeree. In Dickinson v. Dodds1 the defendant offered to sell a house to the plaintiff for £800, the offer being left open until Friday. On Thursday the defendant sold the house to a third party. The plaintiff was informed of the...
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