Law · Contract Law
On 1 August, Daniel sent a letter to Martin offering to sell him steel. On 8 August, Daniel sent a second letter revoking that offer. Martin received the original letter of offer on 11 August and immediately phoned Daniel to accept it. On 12 August, Martin received the letter of revocation. Under postal acceptance principles, is there a binding contract?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Yes - revocation of offers cannot legally be done by post
- 2No - Martin's acceptance is not valid until it reaches Daniel after revocation
- 3No - the revocation is effective from the date it was posted
- 4Yes - Martin accepted the offer before receiving notice of the revocation✓
Correct answer
Yes - Martin accepted the offer before receiving notice of the revocation
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