Contracts
A counteroffer in Michigan terminates the original offer and:
ARequires the original offeror to accept the new terms
BCreates a new offer that the original offeror may accept or reject✓ Correct
CAutomatically extends the time for acceptance
DMakes the original offer irrevocable
Explanation
A counteroffer rejects the original offer and creates a new offer with modified terms. The original offeror now becomes the offeree and may accept, reject, or counter the new offer.
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