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
There are certain legislations passed regarding state succession. For example, The continuance of legal Proceedings Act 1950; The Pakistan Currency Act 1950; The Pakistan

Trading arrangements: From this statement, it can be inferred that, if a court held that a company acted in a particular instance as an agent of its holding company, the veil

Purpose: To enable course registrants to apply their knowledge of ethical principles, skills in ethical analysis, and use of introspection to analyze an actual case that contains

The United States form of government is often described as a "Constitutional Democracy ". The existence and importance of a written Constitution is a major difference between the A

1. What is the difference between modifying a contract under common law and modifying a contract under the UCC? 2. What is a "waiver" and what are its implications? 3. What i

1. Indicate whether the following statements are true or false and briefly explain your answer. a. Actions by government to increase spending and by the central bank to increase

Contingent and prospective liabilities of the company: A creditor who petitions on grounds of the company's insolvency may rely on any of the following situations to show (as

Q. Show the Criminal conduct definition of phoenix activity? Master Builders argued that the definition of phoenix activity should focus on the existing sections of corporation

Q. Dual appointment of FWO Inspectors? An additional legislative option would be for FWO Inspectors to be appointed under the Tax Act and the Corporations Act giving them great

PENALTY FOR IMPROPER APPOINTMENT:           S.161 (4) provides that if any unqualified person is appointed as auditor, the person appointed, the company and every officer i