Revocation Flashcards

1
Q

When can a proposal be revoked?

A

Any time before the communication of its acceptance is complete against the proposer

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2
Q

What are the main modes of revocation of an offer?

A

1) By notice of revocation; 2) By lapse of time; 3) By failure to fulfill a condition precedent; 4) By death or insanity of the proposer.

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3
Q

What is the significance of Henthorn v. Fraser (1892)?

A

Established the principle that acceptance by post is effective when posted, not when received.

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4
Q

How does the death of an offeror affect an offer?

A

An offer is revoked if the proposer dies or becomes insane, and the acceptor learns of this before acceptance

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5
Q

How does ‘lapse of time’ affect an offer?

A

If no time is prescribed, an offer lapses after a reasonable time without acceptance.

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6
Q

What was decided in Dickinson v. Dodds (1876)?

A

An offer can be revoked at any time before acceptance, even if a time for acceptance is specified.

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7
Q

Under what circumstances does the revocation of an offer become complete?

A

For the proposer, when it is out of their control. For the offeree, when it reaches them.

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8
Q

What is required for the ‘failure of a condition precedent’ to revoke an offer?

A

If the acceptor fails to meet a specified condition before acceptance, the offer is revoked.

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