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Desolo Desolo
wrote...
Posts: 11831
10 years ago
Give an account of termination of offer due to lapse of time.

This is for my business law class, anything will help
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bbb
wrote...
10 years ago
An offer expires at the lapse of time of an offer. An offer may state that it is effective only until a certain date. Unless otherwise stated, the time period begins to run when the offer is actually received by the offeree and terminates when the stated time period expires. If no time is stated in an offer, the offer terminates after a "reasonable time" dictated by the circumstances.
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