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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
Stakeholders felt the working definition was broadly appropriate. It was also noted that the Treasury definition, used as the working definition, has been endorsed by the ATO. A nu
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