Revocation of offer – a comparative view

An offer is an expression of willingness to contract on certain terms, made with the intention that it shall become binding as soon as it is accepted by the person to whom it is addressed. Revocation refers to the canceling or annulling of that offer.

The binding force of an offer has been one of the most controversial and debated issues in uniform laws. The controversy arises from the fact that the issue is treated in a different manner in different legal systems and that different parties might apply different domestic legal systems.