Contracts
In Colorado, a 'counter-offer' legally results in:
AA. Acceptance of the original offer with minor changes
BB. Rejection of the original offer and creation of a new offer that the original offeror may accept or reject✓ Correct
CC. A binding contract regardless of the other party's response
DD. Extension of the original offer's acceptance deadline
Explanation
A counter-offer rejects the original offer and substitutes a new offer on different terms. The original offer is terminated and cannot be revived — the original offeror is now free to accept or reject the counter.
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