On May 1, A makes a written offer to B for the sale of A's car. On May 2, A mails B a letter revoking the offer. On May 3, A telephones B to tell him that he is revoking the offer. On May 4, B learns that A has sold the car to C. On May 5, A's letter finally gets to B. On what day did A's offer terminate? Why?

On what day did A's offer terminate?

May 3

Why?

In order for a written offer to be terminated, the offeror must revoke the offer, the offeree must make a counteroffer, or the valid time for the offer must expire. In this case, A is the offeror and B is the offeree. A can revoke his/her offer as long as it is done before B accepted it. In order for the revocation to be valid, B must be notified about it.

In this case, A called B on May 3 to notify him/her that the offer was being revoked. Legally, that would be the day when the offer was terminated. The revocation letter is not important here because it arrived after A had called B.

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