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When a offer lapse?

Updated: 9/19/2023
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11y ago

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By efflux of time :When an offer is not accepted within the prescribed time (or within a reasonable time if there is no prescribed time) it lapses. For e.g. a Company offers to sell Televisions worth Rs.15,000/- for Rs.10,000/- during the month of December. The offer lapses at the end of December.

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