termination of offer

The expiration of the period of time during which the offer is to remain in effect, whether such be a definite period as fixed by the terms of the offer or by custom or usage of trade, or the reasonable period of time during which an offer remains in effect in the absence of a definite time limit; the withdrawal or revocation of the offer before it has been accepted; the death of the offeror or offeree; or the rejection of the offer by the offeree. 17 Am J2d Contr §§ 35 et seq.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • termination fee — USA Also known as a break fee or a termination fee. This term has a number of meanings. In the context of: • Mergers and acquisitions, a payment from the seller to the buyer if a merger or acquisition transaction is not completed as a result of… …   Law dictionary

  • Termination fee — A termination fee is a charge levied when a party wants to break the term of an agreement or long term contract. They are stipulated in the contract or agreement itself, and provide an incentive for the party subject to them to abide by the… …   Wikipedia

  • Agreement in English law — is a part of English contract law which establishes the first stage in the existence of a contract. The three main elements of contractual formation are whether there is (1) offer and acceptance (agreement) (2) consideration (3) an intention to… …   Wikipedia

  • South African contract law — is essentially a modernised version of the Roman Dutch law of contract, [1] which is itself rooted in Roman law. In the broadest definition, a contract is an agreement entered into by two or more parties with the serious intention of creating a… …   Wikipedia

  • international relations — a branch of political science dealing with the relations between nations. [1970 75] * * * Study of the relations of states with each other and with international organizations and certain subnational entities (e.g., bureaucracies and political… …   Universalium

  • Choctaw — For other uses, see Choctaw (disambiguation). Choctaw Choctaw portraits Total population 160,000   …   Wikipedia

  • Parliamentary Assembly of the Council of Europe - Resolution 1549 (2007) Functioning of democratic institutions in Ukraine — The information below is a copy of the relevant report and resolution passed by The Parliamentary Assembly of the Council of Europeon April 192007 concerning the Ukrainian Political Crisisand Decrees of The President, Viktor Yushchenko dismissing …   Wikipedia

  • Social Protection — ▪ 2006 Introduction With medical costs skyrocketing and government programs scaled back, citizens bore more responsibility for their health care costs; irregular migration, human trafficking, and migrant smuggling posed challenges for… …   Universalium

  • ARAB WORLD, 1945–2006 — The Arab world is divided into four subregions: the Maghreb (morocco , tunisia , algeria , libya , Mauritania), the Nile Valley (egypt and Sudan), the Fertile Crescent (syria , lebanon , iraq , jordan , and the palestinian authority ), and the… …   Encyclopedia of Judaism

  • Employment — This article is about work. For the Kaiser Chiefs album, see Employment (album). Economics …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.