Learner Resource 3 Evaluating the ways of withdrawing of an offer – This exercise is to develop using knowledge and understanding in evaluation questions. Use the following table to answer the question below. If an offer is not expressly terminated or accepted, will it stay open for ever? Critical point Authority Discussion/Assessment point Offer can be revoked at any Payne v Cave Seems fair as it allows the offeror to change their mind time up until acceptance Offeror can revoke the offer Routledge v Grant If a specified time limit has been stated surely it should stay available before a specific time has for that time? If consideration has been provided the situation will be lapsed different. An offer will stay open for a Ramsgate Victoria Hotel Co V Montefiore What is meant by amount of time? ‘reasonable’ reasonable amount of time. Revocation must be Byrne & Co v Leon Van Tienhoven What is meant by communicated? Is the postal rule applicable here? communicated before acceptance Is it the responsibility of the offeror to revoke the offer or can someone else revoke the offer?
Learner Resource 3 – Evaluating the ways of withdrawing of an offer This exercise is to develop using knowledge and understanding in evaluation questions. Use the following table to answer the question below. If an offer is not expressly terminated or accepted, will it stay open for ever? Critical point Authority Discussion/Assessment point Offer can be revoked at any time up until acceptance Payne v Cave Seems fair as it allows the offeror to change their mind Offeror can revoke the offer before a specific time has lapsed Routledge v Grant If a specified time limit has been stated surely it should stay available for that time? If consideration has been provided the situation will be different. An offer will stay open for a reasonable amount of time. Ramsgate Victoria Hotel Co V Montefiore What is meant by ‘reasonable’ amount of time? Revocation must be communicated before acceptance Byrne & Co v Leon Van Tienhoven What is meant by communicated? Is the postal rule applicable here? Is it the responsibility of the offeror to revoke the offer or can someone else revoke the offer?
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