Social Studies, 23.08.2021 23:50 jaass28
A buyer offered $225,000 for a seller's property. The seller countered at $250,000. The buyer did not accept the seller's counteroffer. The seller told her broker that she was revoking the counteroffer and accepting the buyer's original offer. Which statement is TRUE regarding this situation?
A) The seller can revoke her counteroffer and accept the buyer's original offer up until the time the buyer rejects the counteroffer.
B) The buyer and seller have entered into a contract for $225,000.
C) The seller has breached the buyer's contract, and the buyer can sue to force the seller to take a lower price.
D) The seller cannot now accept the original offer, because it was killed by the counteroffer.
Answers: 3
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A buyer offered $225,000 for a seller's property. The seller countered at $250,000. The buyer did no...
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