Montana Code 28-2-512. How proposal revoked
Current as of: 2023 | Check for updates
|
Other versions
28-2-512. How proposal revoked. A proposal is revoked by:
Terms Used In Montana Code 28-2-512
- Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
(1)the communication of notice of revocation by the proposer to the other party in the manner prescribed by 28-2-501 and 28-2-502 before the other party’s acceptance has been communicated to the proposer;
(2)the lapse of the time prescribed in the proposal for its acceptance or, if no time is prescribed, the lapse of a reasonable time without communication of the acceptance;
(3)the failure of the acceptor to fulfill a condition precedent to acceptance; or
(4)the death or serious mental illness of the proposer.