Hyde v Wrench (1840) 49 ER 132 is a leading contract law case regarding counter-offers during a sale. The defendant, Wrench, offered to sell his farm to Hyde for a fixed amount of £1000. Hyde offered slightly less than this and Wrench refused. Hyde therefore sought to accept the original offer and was again refused by Wrench. Hyde then brought an action against Wrench for breach of contract.
Lord Langdale ruled that any counter-offer cancels the original offer, meaning it is no longer open for acceptance and, there is no obligation between the parties, no valid binding contract exists.