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3 Cards in this Set

  • Front
  • Back

Hyde v Wrench

- REJECTION


- negotiations to sell a farm


- outright refusal of an offer extinguishes the offer

Payne v Cove

- REVOCATION


- bidder in an auction became frustrated with auctioneer pausing for further bids so withdrew his bid


- HELD:


- in an auction acceptance is the fall of the hammer


- revocation of an offer can occur any time prior to acceptance

Sommerville v Rice

- REVOCATION


- a series of letters between parties


- acceptance sent before revocation arrived to offeree


- revocation of an offer is not effective until it has been communicated to the offeree