Examlex
What is the relationship between the following compounds?
Offer
A proposal by one party to another to enter into a legal agreement, constituting one of the essential elements of a contract.
Counteroffer
A response to an offer in a negotiation, where the original offer is rejected and replaced with a new proposal.
Reasonably Certain
A standard of assurance in legal contexts, indicating that the evidence or future event is probable or likely according to logic and evidence.
Terms
Conditions and stipulations specified in an agreement or contract that outline the obligations, rights, and duties of the parties involved.
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