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Revocation or termination of offer
Revocation or Termination of OfferBUSINESS LAWAccording to Section 6, an offer may come to an end in any of the following ways:1. Notice of Revocation:The offeror can revoke his offer at any time by sending a notice of revocation to the offeree, before its acceptance. The offeror can reject the offer before its acceptance even though the period for which the offer was kept open has not yet expired.Example:A, the offeror at an auction sale makes the highest bid. But he has th…
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