How can an offer be revoked in Texas?

An offer can be revoked in Texas before acceptance is communicated by the offeree. This principle aligns with the fundamental concepts of contract law, where the offeror retains the right to withdraw the offer at any time prior to the offeree's acceptance. Until the acceptance is clearly communicated to the offeror, the offer remains open for revocation. This means the offeror can simply notify the offeree of the retraction and, once done, the offer is no longer valid.

The notion that written notice is necessary for revocation is not accurate; revocation can be accomplished verbally or even through actions that signify a withdrawal of the offer. Furthermore, a valid offer ceases to exist if it has been accepted, meaning choice regarding retraction after acceptance does not apply. Likewise, the idea that an offer is irrevocable once presented contradicts the principle of the offeror's right to revoke prior to acceptance. Therefore, the correct understanding emphasizes the rights of the offeror to revoke an offer as long as that revocation occurs before acceptance by the offeree.