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UN Convention on Contracts for the International Sale of Goods -irrevocab Offers

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › UN Convention on Contracts for the International Sale of Goods -irrevocab Offers

  • This topic has 3 replies, 2 voices, and was last updated 6 years ago by MikeLittle.
Viewing 4 posts - 1 through 4 (of 4 total)
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    Posts
  • February 27, 2019 at 1:56 pm #506702
    francihco
    Member
    • Topics: 8
    • Replies: 11
    • ☆

    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

    The correct answer is D, as according to the explanation provided, the offer is irrevocable. However, according to the text provided, which part of it implies the irrevocability element of the offer?
    Thanks.

    February 28, 2019 at 3:26 pm #506858
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23327
    • ☆☆☆☆☆

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

    OK?

    March 5, 2019 at 2:15 pm #507744
    francihco
    Member
    • Topics: 8
    • Replies: 11
    • ☆

    Thanks, indeed, that bit is very important.

    March 5, 2019 at 2:36 pm #507753
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23327
    • ☆☆☆☆☆

    It certainly is!

  • Author
    Posts
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