Document background
The Counter Offer Letter is a crucial business document used when the recipient of an initial offer wishes to propose alternative terms while maintaining the possibility of reaching an agreement. This document type is commonly used in various business contexts in Austria, from employment negotiations to commercial transactions. The letter must comply with Austrian Civil Code (ABGB) requirements, particularly sections regarding offer and acceptance (搂搂 861-864). It serves multiple purposes: formally rejecting the original offer, proposing new terms, and maintaining professional relationships. The Counter Offer Letter should be drafted with precision to avoid any ambiguity about the modified terms and conditions, as under Austrian law, any counter offer effectively terminates the original offer and creates a new one.
