Contracts
A counteroffer in Massachusetts constitutes:
AAcceptance of the original offer with minor modifications
BA rejection of the original offer and creation of a new offer✓ Correct
CA binding contract once the buyer receives it
DAn amendment to the listing agreement
Explanation
A counteroffer is a rejection of the original offer and simultaneously creates a new offer. The original offeror is now free to accept, reject, or counter the new offer.
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