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PROPOSAL. An offer for consideration or acceptance. 2. It is a general rule that a proposal offered to another for 2. It is a general rule that a proposal offered to another for acceptance may be withdrawn at any time before it is accepted, provided that acceptance may be withdrawn at any time before it is accepted, provided that notice of the withdrawal be given to the party to whom it was made. A bid notice of the withdrawal be given to the party to whom it was made. A bid (q.v.) may be withdrawn at any time before acceptance; and a proposal by (q.v.) may be withdrawn at any time before acceptance; and a proposal by letter may be withdrawn at any time before, acceptance 1 Pick. 278; and, if letter may be withdrawn at any time before, acceptance 1 Pick. 278; and, if accepted, it must be, in the very terms offered. 3 Wheat. 225. Vide Bid; accepted, it must be, in the very terms offered. 3 Wheat. 225. Vide Bid; Correspondence; Letter; Offer. Correspondence; Letter; Offer.
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