AIBE question and official answer

AIBE III 2012 Question 25

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Question 25 of 100 AIBE III 2012 Set Common

Which of the following Statements is least accurate regarding an 'offer' under contract law in India?

  1. A An offer is not valid unless such offer has been communicated to the other party.
  2. B An offer is complete as against an acceptor when the offeror puts it in a mode of transmission outside the control of the offeror.
  3. C An offer lapses when a counter offer is made.
  4. D An offer lapses by revocation, as long as such offer is revoked prior to acceptance of such offer.
  5. E An offer lapses upon acceptance of the terms of the offer by a third party. Official answer

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