Revocation generally in terms mean to withdraw something. It can be anything of a good , offer, task, deal anything. It may also stand for cancellation. So revocation in the law of contracts can be defines as a remedy given to buyers if not satisfied with goods of the sellers. The buyers here are termed as offerers and revocation must be communicated to offree before acceptance. This is also the general common rule on revocation.
Section 2(e) says that an agreement is defined as a set of promises. This happens when an offer is placed by the offererand accepted by the offree. Revocation can only be done before the acceptance of a particular agreement.According to section 2e All agreements are not contracts but all contracts are agreements.
Problems Of Revocation:
Formation of a contract lies within giving the power of acceptance to the offreerather than in a meeting of the minds, A different principle has been definitely established . Admittedly even today Freedom of contracting and making the offers permits the offeror to reserve for himself the possibility of revoking his offer without any notice. Thus in Tartoria v Mankoa real estate broker having a listing of Ds property was held to be entitled to his comissionwhen he procured a customer after the property had been sold since the seller had concealed the sale from the broker.”
Today revocation is generally so strictly connected with the offerees notice about it has also been defined as the communication of change in the offererspurpose. Its justified that communication is essential for revocation purpose.
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