Multiple choice

Counteroffer

  1. A reply to a proposed agreement for change

  2. A reply to change a proposed agreement

  3. Things each side promises to do for consideration

  4. Final agreement that negotiations are done

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

A counteroffer is a response to an offer that proposes different terms, effectively rejecting the original offer and creating a new one. It represents an attempt to negotiate or change the proposed agreement before final acceptance.