Like acceptance,revocation of an offer by mail is valid and binding once the letter of revocation is placed in the mailbox.

Name: Like acceptance,revocation of an offer by mail is valid and binding once the letter of revocation is placed in the mailbox.
Brand: Quizplus
Rating: 4.9 (38 reviews)

Question

Quizplus · Accepted Answer

Revocation of an offer is generally not effective until it is received by the offeree, unlike acceptance, which can be effective upon dispatch if the parties have agreed to such terms or if it aligns with the mailbox rule.

Like Acceptance,revocation of an Offer by Mail Is Valid and Binding