What is the term for the withdrawal of an offer before acceptance occurs?

The term for the withdrawal of an offer before acceptance occurs is "Revocation of Offer." This concept is fundamental in contract law, where an offer must be open and available to the offeree until it has been accepted. The act of revocation is valid and effective as long as it is communicated to the offeree before they accept the offer.

Revocation serves to protect the interests of the offeror, ensuring they retain the ability to change their mind about the terms they are proposing. It’s important to note that the revocation must typically be communicated clearly to the offeree to be effective. There might be variations in how this can be done, such as through direct communication or through actions that indicate the offer is no longer valid.

The other options, while related to the concept of offers, do not capture the specific legal terminology that denotes the act of withdrawal prior to acceptance. "Communication of Revocation" emphasizes the need for notice but doesn't define the legal term itself. "Conditional Offer" refers to an offer that is dependent on certain conditions being met and does not pertain to withdrawing an offer. "Cancellation of Offer" could imply the end of an offer but does not specifically denote the action of revocation, which is a more precise term