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
Dishonour by Non-Acceptance The drawee is not prepared to meet the bill, such he will return it for the holder by means of a note to this effect, such the bill is then so said

Question 1: a. Distinguish between Economic Development and economic growth. b. "Despite all their diversity, less developed countries are linked by a range of common problems"

Compensation for Removal: Subsection (6) provides that nothing in s.185 shall be taken as depriving a removed director of compensation or damages payable to him in respect of

Third Reading: Now next is offers in Order 112(1) which is on the adoption of a report on a Bill the Third Reading may regarding leave of Mr. Speaker be taken forthwith and wh

Judicial Control: Conversely the courts can declare any law made as subsidiary legislation to be invalid or unacceptable under the ultra vires doctrine. Thus the law may be de

steeple analysis about setting up a buisiness

State law of refugees Under international law, refugees are individuals who are outside their country of nationality or habitual residence; who have well-founded fear of discri

What are the Stages in Policy Process The traditional textbook approach to the study of public policy separates policy making into its component steps and analyzes each in turn.

Liquidators' Powers:                                       The liquidator (in any type of liquidation) has numerous statutory powers but in the exercise of some of them he mus

Question 1: Explain the main elements that constitute a valid contract. Question 2: Describe the concepts of negligence and remoteness of damage in tort law. Questi