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?
- A An offer is not valid unless such offer has been communicated to the other party.
- 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.
- C An offer lapses when a counter offer is made.
- D An offer lapses by revocation, as long as such offer is revoked prior to acceptance of such offer.
- E An offer lapses upon acceptance of the terms of the offer by a third party. Official answer