Contracts
When does a counteroffer in Nevada legally terminate the original offer?
AWhen the counteroffer is signed by the seller
BWhen the counteroffer is delivered to the buyer
CWhen the buyer receives the counteroffer and the original offer is simultaneously rejected✓ Correct
DOnly when the buyer accepts the counteroffer
Explanation
In Nevada contract law, making a counteroffer constitutes a rejection of the original offer. The original offer is terminated when the counteroffer is made, and the original offeror is no longer bound by it.
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