If an offeror retracts an offer before acceptance, termination by offer revocation has occurred.
Revocation means when an offer is withdrawn by the offerer.
The common rule was established in Payne v Cave that an offer can be revoked at any time before the acceptance takes place. But, the revocation must always be communicated effectively directly or indirectly to the offeree before acceptance .
Moreover, sufficient communication does not need to be made by the offeree personally ,the offer may still be able to withdraw even if it is stated specifically that it would remain open for a fixed period
when the promise if made to leave an offer open was not made by any consideration given by the offeree.
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