In the law of contact, a counter offer operates as
A. A contact B. an acceptance C. a rejection D. a rejection
Correct Answer: D
Explanation
A counter offer is an offer made in response to a previous offer by the other party during negotiations for a final contract. Consensus ad idem in contract law means there has been a meeting of the minds of all parties involved and everyone involved has accepted the offered contractual obligations of each party. Consensus ad idem in contract law means there has been a meeting of the minds of all parties involved and everyone involved has accepted the offered contractual obligations of each party