BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS LAW

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A response to an offer that changes the terms of the original offer
A
contract
B
counteroffer
C
implied offer
D
unilateral contract
Explanation: 

Detailed explanation-1: -A counteroffer functions as both a rejection of an offer to enter into a contract, as well as a new offer that materially changes the terms of the original offer. Because a counteroffer serves as a rejection, it completely voids the original offer. Thus, the original offer can no longer be accepted.

Detailed explanation-2: -Your response should be brief and relevant as you explain whether or not you’re able to accept their offer. Elements to include in your counter offer response are: A professional greeting. A message stating whether you accept the candidate’s offer. Your enthusiasm for them to join the team.

Detailed explanation-3: -A conditional or qualified acceptance is an acceptance that adds to, or changes, the terms of the original offer. This is essentially a counteroffer. A conditional or qualified acceptance generally terminates the offeree’s power of acceptance.

Detailed explanation-4: -Thank you for your interest in joining our company. We appreciate the time and effort you have put into the application process. After careful consideration, we have decided to accept your counter offer. We are happy to match your salary request of $ [X] per year.

Detailed explanation-5: -Dear [Hiring Manager], Thank you for extending an offer at [company name] for the position of [position]. This is a very exciting opportunity, and I’m confident that I’ll be able to make a positive contribution to the team. I’d like to ask if there’s room to negotiate the base salary for the role.

There is 1 question to complete.