• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • FIA Forums
  • CIMA Forums
  • OBU Forums
  • Qualified Members forum
  • Buy/Sell Books
  • All Forums
  • Latest Topics

March 2026 ACCA Exams

Comments & Instant poll

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for June 2026 exams.
Get your discount code >>

Counter offer

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Counter offer

  • This topic has 3 replies, 2 voices, and was last updated 5 years ago by MikeLittle.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • July 18, 2020 at 8:32 pm #577335
    amara7
    Member
    • Topics: 8
    • Replies: 7
    • ☆

    Is counter offer is an acceptance?

    July 18, 2020 at 8:45 pm #577338
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23362
    • ☆☆☆☆☆

    The effect of a counter-offer is that it destroys the offer and replaces it with its own offer

    If you offer to sell me your car for £2,000 and I say ‘No, but I’ll pay you £1,800’ my £1,800 counter-offer destroys your £2,000 offer

    You turn back to me and say ‘No’

    ‘OK’ says I. ‘I’ll accept your offer to sell for £2,000’

    But I can’t! That offer from you of £2,000 to sell your car was destroyed by my counter-offer

    And you are now in the happy position of being able to accept my new offer of £2,000 or telling me to go fly a kite because there’s no way on this Earth that you will sell me your car!

    OK?

    July 22, 2020 at 3:13 am #577595
    amara7
    Member
    • Topics: 8
    • Replies: 7
    • ☆

    yes got it,thank you for explaining in such a simple and detailed manner

    July 22, 2020 at 7:05 am #577602
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23362
    • ☆☆☆☆☆

    You’re welcome

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Kaplan ACCA Free Trial

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE Exams – Instant Poll

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • zurapirveli@gmail.com on Equity settled share based payments – goods – ACCA (SBR) lectures
  • Sid24012003 on Intangibles – Example 2 – ACCA Financial Reporting (FR)
  • Ken Garrett on CIMA BA1 Spearman’s rank correlation coefficient
  • Ana1674 on CIMA BA1 Spearman’s rank correlation coefficient
  • tehreem21 on MA Chapter 2 Questions Sources of Data

Copyright © 2026 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in