JD Next Practice Exam 2025 – 400 Free Practice Questions to Pass the Exam

An offer can typically be revoked as long as it hasn't been accepted yet. This principle is grounded in the concept of mutual assent, which is the foundation of contract law. Until an offer is accepted, the offeror has the right to change their mind and withdraw the offer without any legal consequence. This allows the offeror the flexibility to reconsider their terms or decide not to engage in a contract before a binding agreement is formed.

Once acceptance occurs, the offer becomes part of a contract, making it fully enforceable. At this stage, the offeror can no longer revoke the offer unilaterally without facing potential legal ramifications for breach of contract. Therefore, the mere presence of acceptance changes the dynamics, creating rights and obligations for both parties involved.

While it's true that an offeror may desire to revoke an offer whenever they choose, practical and legal limitations apply, particularly if the offer has already been accepted or if the offer states that it remains open for a certain period. Understanding these concepts is crucial in navigating scenarios involving offers and contracts effectively.