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An offer lapses to an end when the Offeree
Fails to fulfill a condition precedent to acceptance
Does not accept the condition
Either (a) or (b)
Neither (a) nor (b)
- When an offer is made, there are conditions to be met for the acceptance to be valid.
- Fails to fulfill a condition precedent to acceptance:
- Conditions precedent must be satisfied before the contract becomes binding.
- If these are not met, the offer can lapse.
- Does not accept the condition:
- This implies the offeree disagrees or refuses the offer terms.
- Non-acceptance results in the offer lapsing.
- Option 3: Either (a) or (b) is correct.
- Both situations lead to the offer lapsing.
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