Contracts
An Arizona buyer submits a written offer. The seller makes material changes to the offer and signs it. This is legally considered:
AAn acceptance that binds both parties
BA counteroffer that terminates the original offer✓ Correct
CA rejection with no further obligations
DA conditional acceptance pending buyer approval
Explanation
When a seller makes material changes to a buyer's offer and signs it, the original offer is terminated and what the seller signed becomes a counteroffer. The buyer may accept, reject, or counter this new offer.
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