Contracts
In Maine, a counteroffer legally:
AExtends the original offer for an additional period
BRejects the original offer and creates a new offer✓ Correct
CBinds both parties to negotiate in good faith
DAllows the original offeror to accept the original terms
Explanation
A counteroffer is a rejection of the original offer and simultaneously creates a new offer with modified terms. The original offer is extinguished and can no longer be accepted.
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