Goods displayed in a shop with price is*OfferAcceptanceCounter offerInvitation to offer

The goods displayed in a shop with a price is an "Invitation to offer".

Here's the step by step explanation:

1. "Offer": This is when one party expresses their willingness to enter into a contract on certain terms and intends to be bound by these terms once it is accepted by the other party. In this case, the goods displayed in a shop is not an offer because the shopkeeper is not bound to sell the goods at the displayed price.

2. "Acceptance": This is when the other party agrees to the terms of the offer. In this case, the customer accepting to buy the goods at the displayed price is acceptance.

3. "Counter offer": This is when the other party responds to the offer by proposing a new offer. In this case, if the customer proposes to buy the goods at a lower price, that's a counter offer.

4. "Invitation to offer": This is when one party invites others to make an offer to form a contract. In this case, the goods displayed in a shop with a price is an invitation to offer because the shopkeeper is inviting customers to make an offer to buy the goods.