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offer revocation

[/ˈɒfər revəˈkeɪʃən/]
nounpl: offer revocations
revogação da oferta
1. The act of withdrawing or canceling an offer before it has been accepted, thereby terminating the offeror's legal obligation
The seller sent a letter of offer revocation before the buyer could accept the proposal.
O vendedor enviou uma carta de revogação da oferta antes que o comprador pudesse aceitar a proposta.
2. In contract law, the withdrawal of a contractual offer by the offeror
Offer revocation must be communicated to the offeree to be effective.
A revogação da oferta deve ser comunicada ao destinatário para ser eficaz.
Synonyms
withdrawal of offeroffer withdrawalretraction of offercancellation of offer
Antonyms
offer acceptancecontract formation

Regional Variations

General Brazilian
revogação da oferta
Standard legal term used in Brazilian commerce and contract law
São Paulo
revogação da proposta
Alternative usage emphasizing 'proposta' (proposal) over 'oferta'
Portugal
revogação da oferta
Standard term in Portuguese legal and commercial contexts

Related Idioms & Phrases

withdraw an offer
take back an offer
call off a deal
before the ink dries on the contract
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