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  2. Sequential bargaining - Wikipedia

    en.wikipedia.org/wiki/Sequential_bargaining

    Initially, person #1 has the right to make an offer to person #2. If person #2 accepts the offer, then an agreement is reached and the process ends. If person #2 rejects the offer, then the participants switch turns, and now it is the turn of person #2 to make an offer (which is often called a counter-offer).

  3. Butler Machine Tool Co Ltd v Ex-Cell-O Corp (England) Ltd

    en.wikipedia.org/wiki/Butler_Machine_Tool_Co_Ltd...

    As Megaw J. said in Trollope & Colls Ltd. v. Atomic Power Constructions Ltd. [1963] 1 W.L.R. 333, 337: "… the counter-offer kills the original offer." The letter of the sellers of June 5, 1969, was an acceptance of that counter-offer, as is shown by the acknowledgment which the sellers signed and returned to the buyers.

  4. Power of acceptance - Wikipedia

    en.wikipedia.org/wiki/Power_of_acceptance

    A counter offer is an offer which concerns the same subject matter but with different terms than the original offer. If a counter-offer is made by the offeree to the offeror, then the original offer is deemed rejected, and the power of acceptance included in the original offer is terminated. [32]

  5. Encountering the Counter-Offer - AOL

    www.aol.com/news/2010-09-10-counter-offer.html

    Once in a while, when a job seeker submits their resignation and offers a two-week's notice, they get a surprise in return: a counter-offer. Quite frequently this includes a match on salary with ...

  6. Offer and acceptance - Wikipedia

    en.wikipedia.org/wiki/Offer_and_acceptance

    The "mirror image rule" states that if you are to accept an offer, you must accept an offer exactly, without modifications; if you change the offer in any way, this is a counter-offer that kills the original offer and the original offer cannot be accepted at a future time. [41]

  7. Low-ball - Wikipedia

    en.wikipedia.org/wiki/Low-ball

    When a seller makes a low-ball offer this means an item or service is offered at a lower price than what is needed actually for the desired profit margin to be realized. The seller makes the offer with the intent of quickly raising the price in order to increase profits and/or with the intent of selling would-be buyers additional, more ...

  8. What to do when a seller rejects your offer - AOL

    www.aol.com/article/2016/04/12/what-to-do-when-a...

    For premium support please call: 800-290-4726 more ways to reach us

  9. Hyde v Wrench - Wikipedia

    en.wikipedia.org/wiki/Hyde_v_Wrench

    On 6 June 1840 Wrench wrote to Hyde's agent offering to sell the farm for £1000, stating that it was the final offer and that he would not alter from it. [1] Hyde offered £950 in his letter by 8 June, and after examining the offer Wrench refused to accept, and informed Hyde of this on 27 June. [ 2 ]

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