Contract be terminated by Rejection and Counter-Offer

Question

Explain how contract be terminated by Rejection and Counter-Offer?

Answer 1

Rejection

This is refusal of an offer by the offeree. It may be done expressly, by stating that the offeree will not accept the offer, or it may be indicated by conduct that justifies the offeror’s belief that the offeree did not intend to accept the offer.

Counter-Offer

The offeree responds to the offer by indicating a willingness to enter into a contract but on different terms. A modification of an offer usually amounts to a counter-offer. If a counter-offer is made, the offeree has rejected the original offer, and it is terminated.