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contract act

Diksha Verma (14 Points)

08 March 2019

Difference between cross offer and counter offer.

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CA.Pankaj Rawat (Chartered Accountant) (1381 Points)
Replied 08 March 2019

1)Cross Offer:When two parties makes identical offers with each other,in ignorance of other"s offers is called cross offer.(Say A made an offer to B to sell his car for Rs.200000 through Post at the same time B made an offer to A to buy A's Car for Rs.180000 through post without info of A's Offer) 2)Counter Offer:Rejection of original offer and making a new offer is called counter offer.