Contracts
Under Oklahoma contract law, an offer lapses (terminates) when:
AThe offeror decides to look at other properties
BThe time specified for acceptance expires, or if no time is specified, after a reasonable time✓ Correct
CThe property market value changes
DA better offer is received by the seller
Explanation
An offer in Oklahoma lapses when the stated acceptance deadline passes without acceptance, or if no deadline is given, after a reasonable time determined by the nature of the offer and circumstances. After lapse, the offer cannot be accepted.
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