



What are the potential pitfalls to avoid? What are the legal ramifications of failing to properly document the exchange of offers and counter offers during contract negotiations?
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what is a counter offer in contract law Informational
- How do international commercial contracts address the issue of counter offers? What is the difference between a counter offer and a mere inquiry regarding the terms of an offer?
- How should an offeror respond to a counter offer to keep negotiations moving forward? Does the method of communication (e.g., oral, written, email) affect the validity of a counter offer?
- 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?
- What factors determine the materiality of a change in payment method? How does a request for a minor concession or a "sweetener" differ from a counter offer that rejects the original terms?
- How do the "mirror image rule" and counter offers interact? Are there any exceptions to the general rule that a counter offer rejects the original offer?
- Could errors or unintended changes made by an AI system lead to the formation of unintended contracts?
- What happens if one party retains too much discretion or power under the agreed-upon terms? In the context of online auctions, how are bids and counter bids treated under contract law?
- If someone offers to sell a car for $10,000 and the buyer says they'll pay $9,500, is that a counter offer?
- What about requesting different benefits or responsibilities? How does the Uniform Commercial Code (UCC) address counter offers in the sale of goods?
- What factors do courts consider in resolving such ambiguities?
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