What is meant by the term "seller" in this context?
Yes, the seller can accept Selma's initial offer after countering, but a new counter-offer must be drawn up to include the original offer's terms. This means that the original offer is not completely nullified, but rather incorporated into the new terms and conditions of the deal. Both parties, the seller and Selma, must agree to these conditions to move forward with the transaction.
Understanding the Role of a Seller
A seller in this context refers to an individual or entity that is offering a product or service for sale. The seller plays a crucial role in the transaction process by presenting an offer to potential buyers.
When Selma made her initial offer on Monday, she was essentially the buyer in this scenario. The seller then countered the offer on Tuesday, indicating a willingness to negotiate the terms of the deal. In response, Selma sent another counter-offer on Wednesday, continuing the negotiation process.
It wasn't until Thursday that the seller decided to accept Selma's initial offer from Monday. This demonstrates that even after countering an offer, a seller can still choose to accept the original terms if both parties are in agreement.
In essence, the seller's decision to accept Selma's initial offer highlights the importance of effective communication and negotiation in a business transaction. By being flexible and open to revisiting previous terms, both parties can reach a mutually beneficial agreement.
Overall, while the seller has the authority to accept or counter offers, it is essential for all involved parties to carefully consider the terms and conditions of the deal before reaching a final agreement.