Contracts
In Arizona, a counteroffer legally:
AModifies the original offer while keeping it alive
BRejects the original offer and creates a new offer✓ Correct
CRequires the original offeror to respond within 24 hours
DMust be submitted in a specific ADRE-approved form
Explanation
A counteroffer in Arizona — as in all states — constitutes a rejection of the original offer and creates a new offer. The original offer is extinguished and cannot be accepted after a counteroffer is made.
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