Can the original offer be reconsidered and accepted by a party after they have already extended a counteroffer?

Can the original offer be reconsidered and accepted by a party after they have already extended a counteroffer?

• A. Yes
• B. No
• C. Only If Both Parties Consent
• D. Only If The Counteroffer Is Withdrawn

Answer: (B)

When a counteroffer is made, the original offer is terminated. The party who sent back a counteroffer rejects the original terms and creates a new offer. Because the original terms are no longer on the table, they can’t simply be accepted later unless the other party re‑offers them as a new offer or the parties enter into a fresh agreement that incorporates them. Withdrawing the counteroffer doesn’t automatically revive the original terms; you’d still need a new offer to be made.

When a counteroffer is made, the original offer is terminated. The party who sent back a counteroffer rejects the original terms and creates a new offer. Because the original terms are no longer on the table, they can’t simply be accepted later unless the other party re‑offers them as a new offer or the parties enter into a fresh agreement that incorporates them. Withdrawing the counteroffer doesn’t automatically revive the original terms; you’d still need a new offer to be made.