Multiple choice

An offer may lapse by

  1. revocation

  2. counter offer

  3. rejection of offer by offeree

  4. all of these
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

An offer may lapse through revocation (offeror withdraws it), counter-offer (offeree rejects original offer by proposing new terms), or rejection (offeree expressly refuses). All three are distinct ways an offer can terminate before acceptance, making 'all of these' the correct answer.

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