Contracts
In Montana real estate, a counter-offer by the seller legally:
AModifies the original offer while keeping the original offer open
BRejects the original offer and creates a new offer requiring buyer acceptance✓ Correct
CAutomatically accepts the original offer with modifications
DRequires a 48-hour response period by law
Explanation
A counter-offer in Montana constitutes a rejection of the original offer and a new offer by the seller. The original offer is extinguished upon counter-offer. The buyer is then free to accept, reject, or counter the seller's counter-offer.
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