FT offer timeline from an internship for re-recruiting

I realize this might sound silly, but I am genuinely unsure how this works. 


If someone has an undergraduate internship at a T2 consulting shop for the summer and they receive a full time offer, what is the timeline to accept that offer?


You can't try and re-recruit while still having that offer on the table right? It is either take the offer or re-recruit right (target school for context)?

 

wouldn't the two weeks expire before any other firm would hand out interviews or offers?

 

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