An offer made in reply to a previous offer.

A counter-offer is usually made by writing the changes directly on the original offer, crossing out unacceptable terms and adding new terms as desired.

For the counter-offer to be legal, the party making the counter-offer must initial each change and sign the counter-offer.

A counter-offer must include an irrevocable date.

The recipient of the counter-offer has the option to accept the counter-offer during the irrevocable period, in which case it is binding on the party who offered it.

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