Terminating an offer is an essential aspect of contract law, and in this lecture, we delve into the various methods of terminating an offer. We explore how an offer can be revoked by the offeror, rejected by the offeree, or terminated through the operation of law. We also examine the impact of time limits, counteroffers, and the death or incapacity of the offeror on the validity of an offer. Through insightful examples and case analyses, we shed light on the practical application of offer termination principles and their implications for contract formation.

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