Lapse of time - termination of an offer, Business Law and Ethics

Lapse of time - Termination of an Offer

Therefore offer of "lapses" that i.e. comes for an end robotically through operation about law whenever like:

  1. First is not accepted contained by such the stipulated time when any.
  2. Second is not accepted contained by that appears to the court to be the reasonable or sensible time for the period of which it should have been acknowledged like Ramsgate Victoria Hotel Co. v. Montefiove - such an offer to buy shares in a company could not be received at the end about the fifth month after the offer was made. As June - November obvious.
  3. Well it is an offer to sell property so then the property is sold to another party earlier than the offeree accepts the offer: such Dickinson v. Dodds than during which Mellish L.J. about the sale like equivalent to the offeror's death it means renders performance about the offer impossible)
Posted Date: 1/22/2013 1:48:38 AM | Location : United States







Related Discussions:- Lapse of time - termination of an offer, Assignment Help, Ask Question on Lapse of time - termination of an offer, Get Answer, Expert's Help, Lapse of time - termination of an offer Discussions

Write discussion on Lapse of time - termination of an offer
Your posts are moderated
Related Questions
QUESTION 1 Mr Tom, a businessman, has a commercial dispute with one of his clients. He has heard about Alternative Dispute Resolution and he believes that mediation, conciliati

QUESTION 1 (a) By referring to the features documentary credits, explain how such an instrument can enhance and facilitate business activities (b) Discuss the applicability

Q. Pooling of assets and liabilities? In 2004 the Corporations and Markets Advisory Committee proposed that assets and liabilities of companies be aggregated and creditors paid

Purchase Of Own Shares: Another possible way in which a company's paid-up capital may leave the company other than in the ordinary course of the company's business would be if

Appropriate method adopted is to make new laws The more appropriate method adopted is to make new laws in compliance with the international laws because it would not only help

PREFERENTIAL DEBTS: These unsecured debts which rank ahead of a floating charge and non-preferential debts are: (a) one year's taxes, i.e. corporation tax, PAYE income tax de

Removal of Directors: By s.185(1) a company may by ordinary resolution remove a director before the expiration of his period of office, but notwithstanding anything in the art

Methods of Public Issue: A company's authorised capital may be raised in one or the other of the following ways: a)      PLACING A 'placing' occurs if the company, inste

Appeals - Court-Martial In fact in Section 115 of the Armed Forces Act including a person who has been convicted through a court-martial to appeal to the High Court either aga

A prominent Golfer was caught allegedly cheating on his wife. The evidence consists of emails and text messages from alleged paramours. The golfer has major endorsement contracts w