Revocation of proposal occurs by notice, lapse of time, failure of condition precedent, or proposer's death or insanity. Section 6 prescribes four modes of revocation of a proposal: (1) communication of notice of revocation by the proposer; (2) lapse of the prescribed time for acceptance or, if none is prescribed, lapse of a reasonable time without acceptance; (3) failure of the acceptor to fulfil a condition precedent to acceptance; and (4) death or insanity of the proposer when that fact becomes known to the acceptor before acceptance.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Revocation of proposal occurs by notice, lapse of time, failure of condition precedent, or proposer's death or insanity.
Section 6 prescribes four modes of revocation of a proposal: (1) communication of notice of revocation by the proposer; (2) lapse of the prescribed time for acceptance or, if none is prescribed, lapse of a reasonable time without acceptance; (3) failure of the acceptor to fulfil a condition precedent to acceptance; and (4) death or insanity of the proposer when that fact becomes known to the acceptor before acceptance.
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