in a law of contract, a counter offer operates as?

Assessment: WAEC SSCE - Commerce - 2016 (Objective) Subject: Commerce

Question 1 Report

in a law of contract, a counter offer operates as?

Answer Details
In a law of contract, a counter offer operates as a rejection. This is because a counter offer is made by the offeree in response to an offer made by the offeror, and it effectively terminates the original offer. The counter offer changes the terms of the original offer and proposes a new set of terms. Therefore, it is a rejection of the original offer and a new offer is created by the offeree. If the original offeror accepts the new terms proposed in the counter offer, a new contract is formed based on those terms.
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