List the Four Ways in Which an Offer Can Be

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The Answer is The following are the four ways in which an offer can be terminated by operation of law:
1.Destruction of the subject matter: An offer terminates if the subject matter of the offer is destroyed through no fault of either party prior to the offer's acceptance.
2.Death or incompetency of the offeror or offeree: Prior to acceptance of an offer,the death or incompetency of either the offeror or the offeree terminates an offer.Notice of the other party's death or incompetence is not a requirement.
3.Supervening illegality: If the object of an offer is made illegal prior to the acceptance of the offer,the offer terminates.
4.Lapse of time: An offer expires at the lapse of time of an offer.An offer may state that it is effective only until a certain date.

List the Four Ways in Which an Offer Can Be

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List the Four Ways in Which an Offer Can Be

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Correct Answer:
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