Contracts
In Indiana, an acceptance that changes the offeror's proposed closing date from July 15 to August 15 is legally:
AA valid acceptance with a minor modification
BA counteroffer that rejects the original offer and creates a new offer✓ Correct
CAn acceptance subject to the offeror's final confirmation
DBinding only if the offeror does not object within 24 hours
Explanation
Any change in the terms of an offer — even seemingly minor changes like the closing date — transforms the acceptance into a counteroffer. The original offer is rejected and a new offer (counteroffer) is created.
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