Multiple choice

Which of the following is not correct about lapse of offer?

  1. An offer lapses, if it is not accepted in prescribed mode.

  2. An offer lapses, if it is not accepted in stipulated or reasonable time.

  3. An offer lapses, if it is revoked by offerer before it is accepted.

  4. An offer lapses, if it is revoked after its acceptance.

  5. An offer lapses, if it is subsequently forbidden by law before it is accepted.
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

It is not the correct statement.

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