How do you use “revoke” on business?

Question by Shinichi Y: How do you use “revoke” on business?
How do you use “revoke” on business?
and what kind of situation do you use it.?
is it different from “cancel” precisely ?.
legal terms are difficult arn’t you.
many thanks

Best answer:

Answer by Scott K
Revocation is usually made when you make an offer which is a prerequisite for creating a contract (offer, acceptance, consideration.) Cancellation is basically the same thing.

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