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About Offer and counter offerwww.fobshanghai.com6Y0p8J&i8Z*h-~
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Offer is a most important step in negotiating an export transaction. It is a proposal of terms and conditionsbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business"X A!I,V,u"n/v*]4q9M%t
presented in a potential contract by one party, called the offeror, to another party, called the offeree.
o1|,I*Y!a/k&Y$K[A Professional Business Forum]The offer made by the seller is customerily called "selling offer", while the offer made by the buyer is commonlywww.fobshanghai.com5h-J#g#u&G7t)Y'l%f!j(f
called "buying offer"FOB Business Forum/r/K$j l%S,T+A0S
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There is two kinds of offer. One is firm offer or offer with engagement. A satisfactory offer should be clear,
*H6\![)M9N-Gbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businesscomplete and final in its wording. It should include the name of the goods, quality and specifications, quantity,
-s)\:]$G7s5w5m1g3qFOB Business Forumdetail of price, packing conditions, time of shipment and delivery, terms of payment. A firm offer mostly provides
6a,G3q5U3C!Y-Y2WFOB Business Foruma period of validity. It remains valid until the validity ends. The acceptance made by the offeree before validity expires
:A4E3@$[+[&U0hwww.fobshanghai.comis effective legally.
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8e8m4N3k:i%`+v2cwww.fobshanghai.comAnother kind is non-frim offer or offer without engagement which is unclear, incomplete and with reservations. It is notFOB Business Forum+@8D*L6^-z3T$k'C'w'V
binding on the offeror. Such as "reference price", "subject to our final confirmation" and " subject to goods being unsold"
3s:r3@;G!h%a#lwww.fobshanghai.comare offen used.
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4C0w#c/j%VFOB Business ForumA counter-offer, in fact, is a rejection of the offer. If a buyer doesn't agree with any or some the transaction terms of business forum,trade forum,business opportunity,Business China,Business India,Brazil business!Q:\.n#W9V3J9m!m
a quotation or a frim offer, he makes a counter-offer. In a counter-offer, a new price as well as other new terms is suggested.FOB Business Forum%A1_"?-b0^
Hence, it is a new offer, at the same time, the original offer lapes, no matter how slight the alterations might be. The original
"F!j;d.n-c2_3I2hbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessoffer now becomes the offeree and he has the right of acceptance and refusal. So, he may make another counter-offer of hisbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business9S)s%}#p9~"}4Q
own. This process can go on for many rounds till business is finalized.
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