Tag (SQ): Counteroffer

Search 500 + past questions and counting.
  • Filter by Professional Bodies

  • Filter by Subject

  • Filter by Topics

  • Filter by Levels

BCL – L1 – SA – Q47 – Contract Law

Definition of a counteroffer in contract law.

There is a counteroffer when–

A.   The offeree gives conditions for acceptance or introduces a fresh term in acceptance.

B.   The offeror makes a fresh offer

C.   The offeree makes some query

D.   The offeree accepts it

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

Report an error

You're reporting an error for "BCL – L1 – SA – Q47 – Contract Law"

BCL – L1 – SA – Q24 – Contract Law

Back-Talk offers to sell servers to Gatekeeper, who requests faster delivery. Is there a contract?

On May 1, Back-Talk Computer Store offered to sell five (5) computer servers to Gatekeeper Company for $5,000.00 each, delivery to be on May 30. Later that day (May 1), Gatekeeper responded that it would buy the computers only if they were delivered within three business days. Back-Talk notified Gatekeeper the next day, May 2, that it would not be able to deliver the goods within the time requested by Gatekeeper. Which of the following is true regarding Back-Talk’s offer?

A   There is no contract between Back-Talk and Gatekeeper.

B   Gatekeeper’s additional term became part of the contract, so Back-Talk is obligated to deliver the goods within three business         days.

C   Back-Talk’s offer was accepted by Gatekeeper.

D   Gatekeeper may later accept Back-Talk’s May 1 offer if it is then willing to accept delivery in four weeks.

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

Report an error

You're reporting an error for "BCL – L1 – SA – Q24 – Contract Law"

Oops!

This feature is only available in selected plans.

Click on the login button below to login if you’re already subscribed to a plan or click on the upgrade button below to upgrade your current plan.

If you’re not subscribed to a plan, click on the button below to choose a plan