Terminating an Offer to Contract

The video tutorial explains various scenarios where an offer in a contract can expire or become incapable of acceptance. These include specific provisions in the offer, reasonable lapse of time, rejection or counter offers, revocation by the offeror, destruction of the subject matter, death or mental incapacity of the offeree, and illegality of the subject matter. Each scenario is illustrated with examples to clarify the conditions under which an offer is terminated.

What new insight or understanding did you gain from this video?

Evaluate responses using AI:

OFF