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1The Contract Act, 1872

( ACT NO. IX OF 1872 )

[ 25th April, 1872 ]

Chapter I

OF THE COMMUNICATION, ACCEPTANCE AND REVOCATION OF PROPOSALS

Revocation of proposals and acceptances
 
 
 
 
5. A proposal may be revoked at any time before the communication of its acceptance is complete as against the proposer, but not afterwards.
 
 
 
 
An acceptance may be revoked at any time before the communication of the acceptance is complete as against the acceptor, but not afterwards.
 
 
Illustrations
 
 
 
 
A proposes, by a letter sent by post, to sell his house to B.
 
 
 
 
B accepts the proposal by a letter sent by post.
 
 
 
 
A may revoke his proposal at any time before or at the moment when B posts his letter of acceptance, but not afterwards.
 
 
 
 
B may revoke his acceptance as any time before or at the moment when the letter communicating it reaches A, but not afterwards.
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    Throughout this Act, except otherwise provided, the words "Bangladesh", "Taka" and "Penal Code" were substituted, for the words "Pakistan" or "East Pakistan", "Rupees" or "Rs." and "Pakistan Penal Code" respectively by section 3 and 2nd Schedule of the Bangladesh Laws (Revision And Declaration) Act, 1973 (Act No. VIII of 1973).
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