When does an offer lapse if conditions are not fulfilled?

An offer lapses when certain conditions specified in the offer are not fulfilled within the time frame or manner set forth by the offeror. This situation is commonly referred to as "Failure to Accept Condition." It highlights that an offer is contingent on specific requirements being met, and if those conditions are not satisfied, the offer becomes void.

In the context of contract law, an offer that is conditional must have those conditions fulfilled for it to remain valid. If the conditions are not met, the potential offeree cannot accept the offer, and thus it lapses. This ensures that both parties are on the same page regarding the terms of the agreement, and it prevents ambiguity about whether a contract can be formed.

In contrast, the other choices relate to aspects that do not specifically address the concept of an offer lapsing due to unfulfilled conditions. "Lapse by Condition" and "Termination Condition" may sound similar but do not aptly describe the main principle of lapse due to an unmet condition. "Invalid Offer" refers to a situation where an offer lacks the necessary elements to be considered valid from the beginning, which is a different scenario than an offer simply lapsing due to the failure of conditions.