What may still occur even if a contract is revoked?

A contract revocation typically means that one party is withdrawing their offer or agreement, but it doesn't necessarily absolve them of all responsibilities. Even after a contract is revoked, the revoking party may still have obligations to the other party, especially if those obligations arose before the revocation occurred. For instance, if any actions have already been performed or if there are existing conditions that need to be fulfilled, the revoking party could still be held accountable for those. This can include different legal consequences, especially in cases where reliance on the contract has taken place or potential damages must be addressed.

The idea that the revoking party loses all obligations is not accurate because certain legal principles might still impose duty after the revocation. Additionally, while the other party returning consideration might be necessary, it doesn’t negate any pre-existing responsibilities on the part of the revoking party. Lastly, the notion that the contract becomes void immediately overlooks the nuances of contract law, wherein certain actions or agreements could still create binding obligations despite a revocation.