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KMPG 🐠 Senior Associate, NYC
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Just say, I just received a competing offer I am considering and need to get back to them by x date
What is "commitment to an offer"? If they are unable to find the budget do they give you a breakup fee? If not, the commitment is not worth the digital ink/pixels its written on.
Then it means nothing really. You don't even have a document to show for it. You can claim you have a competing offer of course but you could have claimed that regardless.