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Unformatted text preview: Counter offer if you offer to sell your car for $5,000 and the buyer says I will pay $5,000 if you put new tires on it. The original offer is now gone and the new offer is $5,000 and new tires. Acceptance: Bilateral Contract Promise (for a promise) Unilateral Contract Performance Must be a mirror image of the offer (cant change any terms or conditions) Effective when sent Sometimes the terms of the offer specify the mode of acceptance...
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- Fall '10