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Offer withdrawal/revocation

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Offer withdrawal/revocation

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by MikeLittle.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • July 19, 2017 at 1:56 pm #397569
    debaera
    Member
    • Topics: 27
    • Replies: 5
    • ☆

    Yeo sends a written offer to Zal stating that the offer will remain open until 14 July. The offer
    reaches Zal on 7 July, but on 12 July Yeo decides that he no longer wishes to be held to the offer.
    Under the UN Convention on Contracts for the International Sale of Goods, which of the
    following applies to Yeo?
    A He can withdraw the offer but cannot not revoke it
    B He can revoke the offer but cannot withdraw it
    C He can withdraw the offer or he can revoke it
    D He cannot withdraw the offer nor can he revoke it

    Hi sir, there was a question like this. Could you please explain why the answer was D? I understand why he can’t revoke it because there was a time limit for the offer, which makes the offer irrevocable, but I did NOT understand why he could not withdraw it.

    Thank you sir

    July 19, 2017 at 4:23 pm #397600
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23327
    • ☆☆☆☆☆

    Surely this extract tells you!

    “stating that the offer will remain open until 14 July”

    OK?

  • Author
    Posts
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  • The topic ‘Offer withdrawal/revocation’ is closed to new replies.

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