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CCQ-1991 - Civil Code of Québec
Section 1392
Disposition versions
1392. An offer lapses if no acceptance is received by the offeror before the expiry of the specified term or, where no term is specified, before the expiry of a reasonable time; it also lapses with respect to the offeree if he has rejected it.
The death or bankruptcy of the offeror or the offeree, whether or not a term is attached to the offer, or the institution of tutorship to a person of full age or the homologation of a protection mandate for either of them also causes the offer to lapse, if that event occurs before acceptance is received by the offeror.
1392. An offer lapses if no acceptance is received by the offeror before the expiry of the specified term or, where no term is specified, before the expiry of a reasonable time; it also lapses with respect to the offeree if he has rejected it.
The death or bankruptcy of the offeror or the offeree, whether or not a term is attached to the offer, or the institution of protective supervision with respect to either of them also causes the offer to lapse, if that event occurs before acceptance is received by the offeror.
1392. An offer lapses if no acceptance is received by the offeror before the expiry of the specified term or, where no term is specified, before the expiry of a reasonable time; it also lapses in respect of the offeree if he has rejected it.
The death or bankruptcy of the offeror or the offeree, whether or not a term is attached to the offer, or the institution of protective supervision in respect of either of them also causes the offer to lapse, if that event occurs before acceptance is received by the offeror.
