An offer to take shares had been withdrawn before any notice of acceptance of the offer was given to the applicants. Immediately on notification of the call the applicant’s solicitor wrote declining the shares and requesting the removal from the register.
Held: An offer to make a contract must be accepted within a reasonable time.
Citations:
(1866) 35 LJEx 90, (1866) LR 1 Exch 109
Contract
Updated: 11 May 2022; Ref: scu.554686