•  
  •  
 

Abstract

The choice to revoke the conclusion of a contract is one of the most important guarantees of a complete consent in contracts. It allows consumers a chance to contemplate and consider carefully the contract before they announce their final acceptance thereof. Despite the paramount significance of this choice in relation to the consumer, it raises a complex legal problem regarding the determination of the moment of concluding the consumer contract, which is associated with the choice to revocation. A legal school deems that such a choice takes effect immediately following the exchange of consent even before the period of revocation expires. In contrast, another school states that it is enter into effect only upon expiration of such period. Against this background, this study analyses and refutes both approaches as well as elaborates on the strengths and weaknesses of each. The study concludes that a major confusion is in place between both consensual and legal choices of revocation, thereby prompting the researcher to adopt an independent position regarding this issue

Download

Share

COinS