Termination of Offers Flashcards
Revocation
Payne v Cave (1789)
Revocation in unilateral contracts
Routeledge v Grant
You must communicate the revocation.
Shuey v US (1875) 92 US 73
Cannot revoke the offer when performance of the act has commenced. Also, if the offeror attempts to make the revocation through the same way, through the same mode and makes every attempt to reach the same audience then the revocation may be deemed acceptable
Revocation by third parties
Dickinson v Dodds
Revocation made by third parties are valid provided that the:
3rd party is a reliable source of info
3rd party is one on whom both parties can rely
Rejection
Hyde v Wrench (1840)
Lapse of Time
Offers remain open for a reasonable amount of time. Offers for perishable goods open for 6 months of course is unreasonable for example.
Where the Offer is Conditional
Financings Ltd v Stimson [1962]
Where the offer is conditional, then it cannot be accepted until the condition is met.
Death
Bradbury v Morgan (1862)
Death is not revocation.