... offer is terminated if the offeree rejects the offer. It is not possible for him simply to change his mind and accept. A counter offer amounts to a rejection of the original offer. In Hyde v Wrench4 the defendant offered to sell a farm for £1000. The plaintiff said he would give £950 for the farm. The court held that this was a counter offer, terminating the original offer. The original offer was therefore, no longer open for acceptance. Where the offeree does not make a counter offer, but simply seeks further information from the offeror, this would not be considered as rejection. LAPSE OF TIME An offer may come to an end due to lapse of time. The offeror does not specify that the offer must be accepted within a specified period. However, it would be impracticable if an offer could be accepted after an unreasonable delay on the part ...

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