Is an offer that is revoked and replaced with another still valid?
British Columbia, Canada
The following excerpt is from Payne v. Lore, 2010 BCSC 1313 (CanLII):
As stated by the court in ICBC v. Patko, 2009 BCSC 578, an offer that is subsequently revoked and replaced with another is one that may still be considered under Rule 37B if it was an offer that ought reasonably to have been accepted while it remained open. On the issue of timing, the question is whether the offeror gave time for consideration that was reasonable in all of the circumstances.
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