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JAMB - Commerce (2025 - No. 25)

A new offer of contract that terminates the original offer is
an invalid offer
a void contract
a counter offer
quasi contract

Explication

A counter offer is a response given to an initial offer. It means the original offer has been rejected and replaced by a new one.
Therefore, it terminates the original offer. A void contract is a contract that is not legally enforceable. An invalid offer is an offer
that does not meet the legal requirements for a valid contract. A quasi contract is a contract created by a court in the interests of
fairness and justice.

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