Contracts
A Massachusetts seller sends a counteroffer to the buyer. Before the buyer responds, the seller wants to revoke the counteroffer. The seller can revoke because:
ACounteroffers are binding once sent
BA counteroffer is an offer that can be revoked any time before the offeree accepts it✓ Correct
CThe seller can only revoke with 24 hours' notice
DCounteroffers cannot be revoked once received
Explanation
A counteroffer is legally an offer. Under contract law, an offeror may revoke an offer any time before acceptance (unless supported by consideration as in an option). Once revoked, the offeree cannot create a contract by attempting to accept.
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