Multiple Choice
What distinguishes the lapse of an offer from the rejection of an offer?
A) An option agreement cannot lapse,but it may be rejected.
B) Acceptance of an offer will be subject to rejection.
C) A lapse requires a communication of deliberate intent by the offeree.
D) Acceptance has not occurred when an offer lapses.
Correct Answer:
Verified
Correct Answer:
Verified
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