Which of the following is true about offers?
A) Where the parties are separated by distance, an offeree may accept only in the way specified by the offeror.
B) An invitation is an offer.
C) An offer cannot lapse.
D) An offer is not rejected when the offeree makes a counter- offer.
E) An offer cannot be revoked once it is made.

Question

Quizplus · Accepted Answer

The principle of an offer specifies the manner in which it can be accepted, and if the offeror has specified a particular method of acceptance, the offeree must follow it. If not, the acceptance may be invalid.

Answer: D
 When an offeree makes a counter-offer, it effectively terminates the original offer, and therefore cannot be accepted later. However, a counter-offer is not a rejection of the original offer; rather, it just modifies the terms.

Option B is incorrect because an invitation to treat is not an offer. Option C is incorrect because an offer can indeed lapse, usually after a specific time period or upon the occurrence of certain events. Option E is incorrect because an offer can be revoked before it is accepted.

Which of the Following Is True About Offers