Commerce WAEC

A counter offer is an offer that is?

A. different from the original offer
B. breached
C. different in terms of acceptance
D. extended to several people at once

Correct Answer: Option A

A. different from the original offer

Explanation

A counter offer is an offer that is different from the original offer e.g Mr. A said to Mr. B, I will sell you the hat for ₦100 but Mr. B replied, I will buy it for ₦80 is an example of a counter offer.

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