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When an initial offer is answered with a counter offer, it means that the recipient of the offer is proposing different terms or conditions than what was originally suggested. This can lead to a negotiation process where both parties try to reach a mutually acceptable agreement.

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4mo ago

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What is an ambit claim?

An ambit claim is an extravagant initial demand made in the hope of an eventual counter-offer and compromise.


What happens if the buyer does not accept the counter offer?

If the buyer does not accept the counter offer, the original offer made by the seller remains valid and the negotiation process may continue or the buyer may choose to walk away from the deal.


What is the effect of a counter offer on the original offer?

the original offer is revoked by counter offer


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 a 'counter offer' in legal terms?

a counter offer is a return offer made by one who has rejected an offer.


Does a counter offer void the original offer?

Yes, a counter offer typically voids the original offer. When a counter offer is made, it acts as a rejection of the original offer and creates a new offer with different terms.


What is meant by counter 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 is the definition of a counter proposal?

A counter proposal is a response to an initial offer or proposal, presenting different terms or conditions that aim to negotiate a more favorable agreement for the responder. It is a common practice in business and legal negotiations to reach a mutually acceptable compromise.


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 is the difference between a cross offer and counter offer?

the difference between offer and counteroffer


What is a new offer where the terms of an original offer are changed?

You may be thinking of a counter offer.


What is a food calorie counter?

Well, I would recommend using the food calorie counter from My Calorie Counter because they offer a variety of services and options. They also offer their services for a fee of no charge.