Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › BPP 4.14 withdrawal and revocation of offer
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MikeLittle.
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- March 21, 2025 at 2:40 pm #716288
Hi Mike, can you please help me understand the difference what I have missed in the below question about withdrawal and revocation of offer? This is BPP Practice book 4.14.
4.14
Esme makes an offer under the UN Convention on Contracts for the International Sale of Goods to Mildred with the stipulation that acceptance should occur on 31 March at 12. noon. On 25 March, while Mildred is considering the offer, Esme tells her that it is no longer open to her.
Which of the following is an accurate statement of the situation at this point?
• Esme has made an effective withdrawal of the offer
• Esme has made an effective revocation of the offer
• Mildred may still accept the offer on 31 March/as it was irrevocable
• Midred may still accept the offer on 31 March but Esme may reject her acceptanceCorrect answer is: Mildred may still accept the offer on 31 March as it was irrevocable
My interpretation was: Esme made an offer and Mildred received it, therefore withdrawal of the offer is not possible. After the offer was already heard, Esme changed her mind so she has revoked the offer. Where did I miss that this is an irrevocable offer that cannot be revoked nor withdrawed?
Thanks a lot!
March 21, 2025 at 7:15 pm #716294I see no sign of irrevocable! I’m with you on this – unless Mildred has paid for the ‘option’ period then, in my book at least, Esme is entitled to withdraw the offer before Mildred accepts. Are you sure that you have given me the full question?
March 22, 2025 at 4:24 am #716297Hi, yes I am sure I have given you the full question. I literally copied and pasted the whole question and answers by text detection program. My only suspect would be from this line “Mildred with the stipulation that acceptance should occur on 31 March at 12” which may imply that the offer is irrevocable, but honestly I don’t know. I am not agreeing with the answer, if you have the BPP practice book (the most recent ver.) please have a look at 4.14.
Appreciate as always, Mike!
March 22, 2025 at 6:50 am #716300Nullu, you put me to shame. In my haste to answer you I failed to note the precise wording specifying the date for acceptance. It is not an option period as I have misread it.
Where an offer specifies a particular date, then that makes it irrevocable before that date.
OK?
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