Counteroffer a. The University President may approve a salary increase to retain an employee who has received a bonafide offer of other employment which the University President has verified with an appropriate official. The employee's monthly salary following the effective date of an increase under this paragraph shall not exceed the amount of the monthly starting salary offered to the employee by the other employer.
Counteroffer. Academic Support Professionals and Annually Contracted Faculty may apply for a counteroffer.
Counteroffer. [ ] Seller [ ] Xxxxx presents as a counteroffer the terms of attached ADDENDUM NO. . (Signature) (Date) (Time) (Signature) (Date) (Time) [ ] REJECTION: [ ] Seller [ ] Xxxxx rejects the foregoing ADDENDUM. (Signature) (Date) (Time) (Signature) (Date) (Time)
Counteroffer. A counteroffer8, a response that varies the terms of an offer, is a rejection. Xxxxx offers Xxxxx a small parcel of land for $10,000 and says the offer will remain open for one month. Xxxxx responds ten days later, saying he will pay $5,000. Xxxxx’x original offer has thereby been rejected. If Xxxxx now declines Xxxxx’x counteroffer, may Xxxxx bind Xxxxx to his original offer by agreeing to pay the full $10,000? He may not, because once an original offer is rejected, all the terms lapse. However, an inquiry by Xxxxx as to whether Xxxxx would consider taking less is not a counteroffer and would not terminate the offer. Acceptance with Counteroffer This is not really an acceptance at all but is a counteroffer: an acceptance that changes the terms of the offer is a counteroffer and terminates the offer. The common law imposes a mirror image rule9: the acceptance must match the offer in all its particulars or the offer is rejected. However, if an acceptance that requests a change or an addition to the offer does not require the offeror’s assent, then the acceptance is valid. The broker at Friendly Real Estate offers you a house for $320,000. You accept but include in your acceptance “the vacant lot next door.” Your acceptance is a counteroffer, which serves to terminate the original offer. If, instead, you had said, “It’s a deal, but I’d prefer it with the vacant lot next door,” then there is a contract because you are not demanding that the broker abide by your request. If you had said, “It’s a deal, and I’d also like the vacant lot next door,” you have a contract, because the request for the lot is a separate offer, not a counteroffer rejecting the original proposal. The UCC and Counteroffers The UCC is more liberal than the common law in allowing contracts to be formed despite counteroffers and in incorporating the counteroffers into the contracts. This UCC provision is necessary because the use of routine forms for contracts is very common, and if the rule were otherwise, much valuable time would be wasted by drafting clauses tailored to the precise wording of the routine printed forms. A buyer and a seller send out documents accompanying or incorporating their offers and acceptances, and the provisions in each document rarely correspond precisely. Indeed, it is often the case that one side’s form contains terms favorable to it but inconsistent with terms on the other side’s form. Section 2-207 of the UCC attempts to resolve this “battle of the forms” by p...
Counteroffer. Seller presents for Buyer’s Acceptance the terms of Buyer’s offer subject to the exceptions or modifications as specified in the attached ADDENDUM NO. . [ ] REJECTION: Seller rejects the foregoing offer. (Seller’s Signature) (Date) (Time) (Seller’s Signature) (Date) (Time) THIS FORM APPROVED BY THE UTAH REAL ESTATE COMMISSION AND THE OFFICE OF THE UTAH ATTORNEY GENERAL,
Counteroffer. Seller presents for Buyer's Acceptance the terms of Buyer's offer subject to the exceptions or modifications as specified in the attached ADDENDUM NO. .
Counteroffer. Seller presents for Xxxxx’s Acceptance the terms of Xxxxx’s offer subject to the exceptions or modifications as specified in the attached ADDENDUM NO. .
Counteroffer. Seller presents for Xxxxx’s Acceptance the terms of Buyer’s offer subject to the exceptions or modifications as specified in the attached ADDENDUM NO. . [ ] REJECTION: Seller rejects the foregoing offer. (Seller’s Signature) (Date) (Time) (Seller’s Signature) (Date)(Time) (Seller’s Names) (PLEASE PRINT) (Notice Address) (Zip Code) (Phone) (Seller’s Names) (PLEASE PRINT) (Notice Address) (Zip Code) (Phone) THIS FORM APPROVED BY THE UTAH REAL ESTATE COMMISSION AND THE OFFICE OF THE UTAH ATTORNEY GENERAL,
Counteroffer. In the event Seller makes any written changes to terms and conditions herein, such changes, if initialed and Seller Acceptance executed, shall constitute a counteroffer by Seller to Buyer, which shall remain valid until _ __ ____ AM PM on __ __ __ __ __ __ __ __ . Acceptance of counteroffer by Buyer occurs when Buyer initials each change, signs Buyer Acknowledgement of Acceptance (bottom line), and delivers notice to Seller by time stipulated above.
Counteroffer. Seller presents for Xxxxx’s Acceptance the terms of Xxxxx’s offer subject to the exceptions or modifications as specified by the attached ADDENDUM No REJECTION: Seller rejects the foregoing offer. (Seller’s Signature) (Date) (Time) (Seller’s Signature) (Date) (Time) THIS FORM APPROVED BY THE UTAH REAL ESTATE COMMISSION AND THE OFFICE OF THE UTAH ATTORNEY GENERAL,
