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Is it possible to revoke an offer made through fax after the acceptance?
Wiki User
∙ 8y ago
It's possible to rescind acceptance of an offer assuming specific performance has not been met. If the other party begins the process of completing their end of the offer, you're bound to see it through.
Wiki User
∙ 8y ago
Yes, an offer made through fax can be revoked after acceptance if the revocation is communicated to the offeree before they receive the acceptance. Revocation takes effect when it is received by the offeree. It is essential to ensure that the revocation is clear and unambiguous to avoid disputes.
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A mere mental acceptance not evidenced by words or conduct is in the eyes of law no acceptance?
In legal terms, for an acceptance to be valid, it must be communicated through words or conduct that clearly demonstrate agreement to the terms of an offer. Simply thinking about acceptance without expressing it is not sufficient for a legally binding contract to be formed. Communication is key in contract law.
What is post box rule according to contract act?
The postal rule, also known as the mailbox rule, is a principle of contract law that deems an acceptance of an offer to be effective upon posting rather than receipt. This means that once an acceptance is posted, it is considered valid even if the offeror has not yet received it. The rule was established to provide certainty and efficiency in contract formation, especially in situations involving long-distance communication.
Four elemenys of a contract?
The four elements of a contract are offer, acceptance, consideration, and legal intent. An offer is a promise to do something or to refrain from doing something in exchange for something else. Acceptance is the agreement to the terms of the offer. Consideration refers to the exchange of something of value between the parties. Legal intent means that the parties must have a legal purpose for entering into the contract.
In a contract containing an option period when it is the offerer not allow to withdraw is offer when before acceptance by the offeree?
If the contract has not been signed, then the contract can be withdrawn at any time because there has been no legally binding acceptance of the terms of the contract. Once the contract jas been signed by both parties it definitely cannot be withdrawn.
Can the employee rescind his acceptanace of an offer of employment?
I think it depends on what State you live in and if that State is an "at will" employer. You can contact the State Employment Agency, they should know. An employer can rescind an offer at any time for any reason or no reason. If you incurred costs by accepting the offer (like moving or quitting a previous job) the employer may owe damages, unless you lied about not being terminated.
Explain the general rule of revocation of an offer?
The rule of revocation is that the communication of the revocation of the offer should reach to the offeree before his initiation of the communication of acceptance. Once the offeree has communicated his offer or initiated his communication to the offer, the offerer is bound by his proposal.Example: If B makes a proposal to A on 2.1.2011. A sends his acceptance on 4.1.2011 by post. The letter may not reach B on 4.1.2011 itself. But if B wants to revoke his proposal on or after 4.1.2011, it is voidable upon A's discretion. A can make B bound by his proposal.Revocation on the part of the acceptor is possible if he can communicate the revocation of his acceptance before the acceptance is communicated to the offerer. Once the communication of the acceptance is complete, then the acceptor is bound by his acceptance.Example: If B makes a proposal to A on 2.1.2011 and A sends his acceptance on 4.1.2011 via post. If B communicates to A, through speedier means (eg telephone), then his acceptance would be considered to be revoked.The answer is according to the Indian Contracts Act, 1972.
When does your acceptance of a job offer through mail take effect when it is mailed or when it is received by the Corporation?
The acceptance of a job offer through mail takes effect when both parties agreed on the offers. This means that the corporation must have received the acceptance letter and has verified with the sender before the job offer will take effect.
What is the difference between rejection and revocation?
Rejection is the rejection of an offer by the offeree. After an offeror has made an offer it can be rejected by the offeree. Revocation is the revoking of an offer by the offeror. An offeror may also revoke his offer at any time before acceptance by the offeree unless an option contract is created or is otherwise precluded from revoking the offer.
What is the difference between offer and acceptance?
difference between offer and acceptance?
What is the difference between an offer and acceptance?
difference between offer and acceptance?
How can the offer or revoke his offer?
To be able to answer your question we need a what, who, where, when, why, or how. Your question doesn’t give us who or what.
Is it possible to rescind a signed new auto contract before taking possession in NYS?
In most states you have three days from the date of signing to revoke the offer.
Define offer and acceptance?
Offer and acceptance are required to create a legally binding contract. The offer is contracted and then by signing the contract the other person indicates their acceptance of the terms.
When is communication for offer acceptance complete?
rules of acceptance
What are the components of an offer?
An offer is a component part of a contract. There are three steps in creating a valid contract: the offer, the acceptance of the offer and an exchange of consideration.An offer is a component part of a contract. There are three steps in creating a valid contract: the offer, the acceptance of the offer and an exchange of consideration.An offer is a component part of a contract. There are three steps in creating a valid contract: the offer, the acceptance of the offer and an exchange of consideration.An offer is a component part of a contract. There are three steps in creating a valid contract: the offer, the acceptance of the offer and an exchange of consideration.
What are the component parts of an offer?
An offer is a component part of a contract. There are three steps in creating a valid contract: the offer, the acceptance of the offer and an exchange of consideration.An offer is a component part of a contract. There are three steps in creating a valid contract: the offer, the acceptance of the offer and an exchange of consideration.An offer is a component part of a contract. There are three steps in creating a valid contract: the offer, the acceptance of the offer and an exchange of consideration.An offer is a component part of a contract. There are three steps in creating a valid contract: the offer, the acceptance of the offer and an exchange of consideration.
What does revoked mean?
Revoke means to take back or withdraw; annul, cancel, or reverse; rescind or repeal: to revoke a decree. 2. to bring or summon back. -verb (used without object) 3. Cards. to fail to follow suit when possible and required; renege. -noun 4. Cards. an act or instance of revoking.Ex. To revoke somebody's right to use a car.
