Contracts
In Idaho, what is the legal effect of a counter-offer on the original offer?
AThe original offer remains open until the counter-offer is rejected
BThe original offer is legally terminated and replaced by the counter-offer✓ Correct
CThe original offer is suspended until the counter-offer expires
DThe original offer becomes binding on both parties
Explanation
In Idaho contract law, a counter-offer acts as a rejection of the original offer and creates a new offer. The original offeror is no longer bound by their original offer once a counter-offer is made.
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