Difference between counter and cross offers.

Cross offers are offers that the parties make to each other, in ignorance of each others offers. Cross offers are identical. In the case of cross offers, the court cannot construe one offer as the offer and the other as acceptance and as such there is no contract.

A counter offer, on the other hand is a rejection of the original offer. It is a new offer that needs acceptance by the original promisor before a contract is made.

For e.g., If X offers Y, agreeing to sell his car and writes a letter to Y offering him to sell the car and Y also, at the same time, sends a letter to X, offering to buy his car, there is said to be a cross offer as X and Y are ignorant of each others offer before they make their own offers.

However, if X asks Y,Will you buy my car for $8,000? and Y says, No, but for $5,000 there is said to be counter offer. 

Lapse and Revocation of offer

Legal Rules Regarding a Valid Offer

What is an Offer? | What is Proposal?  Difference between counter and cross offers.  Consensus ad idem  What is void agreement?  What is Cross Offer?  Difference between Agreements and Contracts  What is Wagering Agreements? ============================================================================== This site is mainly dedicated for Students of Law Schools, Law Universities, Students of Higher Education in Law, Admission in Law Schools, Scholars in Law, Students of Bar-at-Law, Law admission information, College of Law, Law Notes, Law Training, Law Tuition,  Law Study Guidelines, Business Law, Students of ACCA, CIMA, CFA,CA,ICWA,CPA