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Termination of an Offer - Revocation
Such offer is "revoked" whether the offeror changes his thinking and withdraws it as for expressly or impliedly. However to be valid such the revocation must have been as;
Conversely provided the aforesaid rules are complied that an offer can also be revoked yet though it was declared for be open to a given period. Moreover the offeror can change his mind on any time previous to the period expires: as Dickinson v. Dodds
Exceptions
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Order for compulsory liquidation: The Official Receiver also calls separate meetings of creditors and of contributories within one month of the order for liquidation: s.236.
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What is the difference between an express term and an implied term? Provide me with an example of each.
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