If the offeree does not accept the offer, after a reasonable length of time the offer may terminate through:
A) lack of time
B) lapse of time
C) excess of time
D) extension of time
E) loss of time

Question

Quizplus · Accepted Answer

The offer may terminate due to lapse of time if the offeree does not accept the offer within a reasonable length of time. This means that if the offer has an expiration date or a deadline, and the offeree does not accept before that date, the offer is no longer valid.

If the Offeree Does Not Accept the Offer, After a Reasonable