Counteroffer - sustany/dvg GitHub Wiki

A�counteroffer�functions as both a rejection of an�offer�to enter into a�contract, as well as a new offer that materially changes the terms of the original offer. Because a counteroffer serves as a rejection, it completely�voids�the original offer. Thus, the original offer can no�longer be�accepted.

However, note that added modifications do not necessarily mean that a party made a counteroffer. Instead, these added modifications may create a conditional acceptance, depending on the changed terms and the applicable law. Alternatively, requests for modifications may not constitute a new offer at all but may instead be mere negotiation.

Related terms:

• Contracts
• Consideration
• Offer and acceptance