Hyde v Wrench (1840) is a foundational contract law case that established how counteroffers terminate original offers, providing critical insights into offer, acceptance, and the importance of clarity in contractual negotiations.
Counteroffers Nullify Original Offers: A counteroffer rejects the offer, preventing the offeree from accepting it later without the offeror's consent. This principle ensures clarity and finality in contractual negotiations, as it mandates that once an offer is rejected or countered, it cannot be later revived and accepted.
