Lapse of Offer | When Does an Offer Lapse? | Law of Contract | CLAT 2027 | Chapter 13 скачать в хорошем качестве

Lapse of Offer | When Does an Offer Lapse? | Law of Contract | CLAT 2027 | Chapter 13

In this lecture, we discuss Lapse of Offer under the Law of Contract, an important concept for CLAT 2027 Legal Reasoning. An offer must be accepted before it lapses. Once an offer lapses, it cannot be accepted and no contract can be formed. In today’s class (Chapter 13), we examine: ✔️ What is meant by lapse of offer ✔️ When an offer lapses due to: Communication of revocation by the offeror Lapse of time prescribed in the offer Lapse of reasonable time (when no time is prescribed) Failure to fulfil a condition precedent Death or insanity of the offeror (with knowledge of the offeree) ✔️ How lapse of offer is tested in CLAT passage-based questions ✔️ Simple, relatable examples to help you apply the concept in exams This lecture is taught in a classroom-style, concept-first manner, focusing on clarity and CLAT exam application. #CLAT #CLAT2027 #LegalReasoning #ContractLaw #AgreementVsContract #LawOfContracts #CLATLegalReasoning #IndianContractAct #CLATPreparation #NLSIU #CLATZY