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A clause of one Special Voluntary Retirement Package (SVRP) stated inter...

This question belongs to Law Indian Contract Act
Indian Contract Act
?

A clause of one Special Voluntary Retirement Package (SVRP) stated inter alia that once option is made, the employee making the offer cannot withdraw it. Section 5 of the Contract Act states that an acceptance may be revoked at any time before the communication of the acceptance is complete as against the acceptor, but not afterwards. Decide which of the following is true?

Answer & Solution
Correct Answer: Option B
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