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Can a contract formed between two parties through offer and acceptance of a counter offer create legally binding obligations for a non-party?
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what is a counter offer in contract law Informational
- What is the "battle of the forms" and how does it relate to counter offers under the UCC? What legal remedies are available if a party breaches a contract formed through a counter offer and acceptance?
- Does such a statement prevent the counter offer from being used as evidence of concessions or admissions in subsequent litigation?
- Is a change in the closing date a counter offer?
- Which party's terms ultimately govern the contract if the exchange concludes with performance but no explicit agreement on all terms?
- What types of records should parties maintain to protect their interests in case of a dispute?
- What are the requirements for establishing frustration of contract? What are the legal implications of a counter offer that is accepted after a significant lapse of time, even if the original offer did not specify an expiration date?
- How does the concept of compromise affect the binding nature of settlement terms reached through negotiation?
- What remedies are available for breach of confidentiality? How does the concept of "undue influence" differ from duress, and how might it affect the validity of a counter offer and subsequent acceptance?
- If an offer or counter offer specifies a deadline for acceptance, what are the consequences of failing to meet that deadline?
- What happens if the offeree becomes incapacitated after making a counter offer but before it is accepted? What is the role of agency law in situations involving counter offers?
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