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ACCEPTANCE
An
It must be absolute.
Material/
form.
F offered to buy his nephews horse for $30. the nephew
did not write to F but told his auctioneer who was selling
his horse not sell it as it had been sold to his uncle. The
auctioneer sold the horse, held F had no right of action as
his offer was never accepted.
By lapse of time
S
By death or insanity
A may revoke his offer at any time before B posts his letter of
acceptance i.e 4
B may revoke the acceptance at any time before the letter
reaches A i.e 6