/rɛvəˈkeɪʃən ʌv ˈɔfər/ – Phrase
Definition: việc hủy bỏ bản chào hàng.
A more thorough explanation: Revocation of offer refers to the act of withdrawing or canceling an offer before it has been accepted by the other party. In legal terms, revocation of offer is the termination of an offer by the offeror, rendering it no longer available for acceptance by the offeree. This action effectively ends the offer and prevents the formation of a contract between the parties.
Example: The revocation of offer must be communicated to the offeree before acceptance in order to be legally effective.