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Can an offerer make a counteroffer after the offeree has refused the first offer?
Technically, the offeror is not making a counteroffer ... s/he is merely making another offer since the first was rejected. So, yes, an offeror can make another offer even though the first was rejected.
How do I say rejected in British?
Rejected has the same spelling in British English. For example, I rejected the job offer.
What is a 'counter offer' in legal terms?
a counter offer is a return offer made by one who has rejected an offer.
How is an offer extinguished?
An offer is extinguished by being withdrawn, if possible, or by being rejected.
What are the cases regarding the revocation of an offer?
An outright rejection can cancel an offer also a counter-offer terminates the original offer made. An example of this is the case of Hyde V Wrench 1840. Wrench offered to sell his farm for £1000. Hyde offered £950 (counter-offer) which Wrench rejected. A few days later Hyde said he would buy the farm for £1000. Wrench refused to sell and Hyde maintained that they had a contract. The counter-offer of £950 had rejected the original offer to sell of £100 so therefore the offer was rejected and there was no contract. follow @DA_iGraft
What happens to the original offer when a counteroffer is made?
When a counteroffer is made, the original offer is typically considered rejected and no longer valid.
What companies offer car rentals to tourists in Spain?
There are a few different companies that offer car rentals to tourists in Spain. Some of the car rental companies include Hertz Spain, Europcar, autoeurope, Andalucia, and Budget Spain.
Why did France first reject the American offer to buy new Orleans?
Napoleon Bonaparte, the leader of france, rejected the americans' offer to buy New Orleans because he had to send french colonists into the Louisiana Territory to establish French settlements.
Will a school ever hold it against you if you previously rejected an offer of admission?
Schools typically do not hold it against you if you previously rejected an offer of admission. Admissions decisions are based on various factors, and a previous rejection may not impact future applications.
What are the effects of a counter offer?
The effects of a counter offer can be a sale. A counter offer is a response to another offer. Usually the other offer was reasonable but was rejected. A counter offer was given in hopes of it being accepted and a sale being made.
What is meant by offer with reference to decided cases?
A counter offer is where one party rejects the original offer and makes an offer of his own. The original offer is rejected and the party that made the original offer must accept the counter offer or there cannot be a contract.
What president wanted to buy Cuba?
President McKinley offered to buy Cuba but his offer was rejected.
