



What happens if the stated conditions are not met? How does the concept of "time is of the essence" affect the acceptance of a counter offer?
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what is a counter offer in contract law Informational
- Or can the offeree simultaneously seek clarification while proposing changes to the terms?
- At what point does a requested change become substantial enough to qualify as a counter offer?
- Undue influence typically involves a relationship of trust or dependence where one party unfairly persuades the other. What evidence is needed to prove undue influence in the context of contract formation? What are the legal implications of a counter offer that seeks to incorporate industry standards or codes of practice by reference?
- Is a change in the closing date a counter offer?
- How should such clauses be drafted to clearly define ownership and usage rights?
- 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?
- What constitutes a breach of the duty to negotiate in good faith? What are the legal implications of a counter offer that seeks to modify or exclude statutory rights or remedies that would otherwise apply to the transaction?
- If a party deviates slightly from the exact terms agreed upon in the counter offer but still provides the essential benefit of the bargain, can they still enforce the contract and receive payment?
- Can the offeror be deemed to have waived their right to insist on the original terms by their conduct?
- Can established industry practices supplement or modify the express terms agreed upon by the parties?
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