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Generally an offeree who accepts an offer must accept it exactly as made. If the offeree changes the offerer’s terms in any important way, the result is a counteroffer. In making a counteroffer the offeree says in legal effect, “I refuse your offer, here is my counteroffer”. Thus, a counteroffer not only terminates the original offer, but also immediately becomes a new offer. The original offer cannot be accepted by the offeree after a counteroffer has been made unless the original offer is renewed by the offerer.
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What is a counteroffer?
A counteroffer is only the termination of the original offer.
A counteroffer is a new offer when the offerer changes the offeree’s terms in any important way.
A counteroffer is an original offer.
A counteroffer is a new offer when the offeree changes the offerer’s terms in any important way.