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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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Explanatory statement - mergers and winding up: It is also necessary that the members or creditors who are to vote on the scheme should be able to understand its full effects.
QUESTION 1 The principle of law set out in Salomon v Salomon & Co. Ltd is not always applied. Discuss when the judiciary or statutory provisions will not take into account of
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