Quimbee logo
DMCA.com Protection Status

Lapse

Definition

The expiration of an offer due to the passage of a reasonable period of time, after which an offeree may no longer accept, and a contract may not be formed.

Related Rules


Mauris finibus odio eu maximus interdum. Ut ultricies suscipit justo in bibendum. Sed eu magna efficitur, luctus lorem ut, tincidunt arcu. Praesent varius sit amet erat hendrerit placerat. In posuere eget ante id facilisis. Integer semper venenatis felis lacinia malesuada.

Minnesota Linseed Oil Co. v. Collier White Lead Co.