Revoking an Offer

Revoking an Offer

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Interactive Video

Business, Social Studies

University

Hard

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The video tutorial explains the concept of offer revocation in contract law. It outlines the general rule that an offer can be revoked at any time before acceptance, with exceptions like firm offers and options contracts. The process of revocation requires clear communication to the offeree, and it can be done through various reasonable methods. Additionally, actions that are adverse to the offer can also imply revocation.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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