what is cross offer and counter offer in business law?

[fish]

in the law of contract there are those terminology counter/cross offer

[stormydays]

The party being offered the agreement (contract) must accept the EXACT terms of the offer. If he introduces new terms (eg an item is being offered for £50 but the buyer offers £40 instead) then this is a counter offer

A cross offer is a counter claim in a civil court. Eg A claimant states that the defendent owes him £5000 but the defendent puts in a claim against the claimant instead

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