Question:

Which section of the Law of Contract defines, “A proposal may be revoked at any time before acceptance, but not afterward”?

Updated On: Dec 23, 2024
  • Section 5
  • Section 4
  • Section 6
  • Section 7
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The Correct Option is A

Solution and Explanation

Section 5 of the Indian Contract Act, 1872 deals with the revocation of proposals. It states that ”A proposal may be revoked at any time before the communication of its acceptance is complete as against the proposer, but not after.” This means that a person making an offer can withdraw it at any time before the other party has accepted it.

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