1. An offer becomes effective when it reaches the offeree.
2. An offer, even if it is
irrevocable, may be
withdrawn if the withdrawal
reaches the offeree before
or at the same time as the
1. Until a contract is Concluded an offer may be revoked if the revocation reaches the offeree before he has dispatched an acceptance. 2. However, an offer cannot be revoked;
(a) if it indicates, whether by stating a fixed time for acceptance or otherwise, that it is irrevocable; or
(b) If it was reasonable for the offeree to rely on the offer as being irrevocable and the offeree has acted in reliance on the offer.
1. The offer shall not bind the offeror until it has been communicated to the offeree; it shall lapse if its withdrawal is communicated to the offeree before or at the same time as the offer.
2. After an offer has been communicated to the offeree it can be revoked unless the revocation is not made in good faith or in conformity with fair dealing or unless the offer states a fixed time for acceptance or otherwise indicates that it is firm or irrevocable.
3. An indication that the offer is firm or irrevocable may be expressed or implied from the circumstances, the preliminary negotiations, any practices which the parties have established between themselves or
4. A revocation of an offer shall only have effect if it has been communicated to the offeree before he has dispatched his acceptance or has done any act treated as acceptance under paragraph 2 of Article 6.
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