Contracts
A Florida buyer receives a seller's counteroffer and wants to counter back. What happens to the seller's counteroffer?
AIt remains open for 3 business days
BIt is rejected when the buyer submits a counter — the buyer's response is now a new offer✓ Correct
CIt can be revived if the seller agrees
DBoth the seller's counter and the buyer's counter are simultaneously binding
Explanation
When a buyer counters a seller's counteroffer, the buyer has legally rejected the seller's counter. The buyer's response is a new offer.
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