Use case: Revocation of offer

["Anders W. Tell" <anderst@toolsmiths.se>]

Dear  BPSS team,

Please accept the the following legal use case for consideration during 
F2F meeting this week.

In contract negotiation it is sometimes the case that some offers may be 
revocable. In current UMM and BPSS transactions its not possible to 
revoke a dispatched Request before AcceptanceAcknowledgement has been 
dispatched. In order to fully support international conventions it may 
be desirable to either extend current "commercial transaction" or create 
a new transaction type with extended offer acceptance semantics, code 
name "OfferAcceptanceTransaction".

The  UNITED NATIONS CONVENTION ON CONTRACTS FOR THE INTERNATIONAL SALE 
OF GOODS (1980) states in:

"Article 16

(1) Until a contract is concluded an offer may be revoked if the 
revocation reaches the offeree before he has dispatched an acceptance.
(2) However, an offer cannot be revoked:

(a) if it indicates, whether by stating a fixed time for acceptance or 
otherwise, that it is irrevocable; or (b) if it was reasonable for the 
offeree to rely on the offer as being irrevocable and the offeree has 
acted in reliance on the offer."

Thanks
/Anders W. Tell

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