A counteroffer, that is, a conditional, or qualified, acceptance of an offer, is generally interpreted as an acceptance and is not binding on the parties.

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A counteroffer is not considered an acceptance, but rather a rejection of the original offer and a new offer proposed by the offeree. It is not binding on the parties until the original offeror accepts the counteroffer.

A Counteroffer, That Is, a Conditional, or Qualified, Acceptance of an Offer