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Breach of contract | ‘A’ offered by letter to buy his nephew ‘F’s horse for Rs. 10,000/- adding that "if I hear no more about this I shall consider the horse to be mine at Rs. 10,000/." No answer was returned to this letter… B sold the horse by mistake, A sues F for breach of contract and claims compensation. Decide?

When can acceptance be revoked?

Effect of Ratification | The defendant made an offer to the Managing Director of a company that having no authority to do so, accepted it. That gave the company an option to ratify the contract. But the company ratified only after the defendant had withdrawn his offer.