Contracts
A NH buyer receives the seller's signed counteroffer on a Friday evening. The buyer must accept by Saturday noon per the counteroffer's terms. If the buyer does not respond by Saturday noon:
AThe counteroffer automatically becomes a binding contract
BThe counteroffer expires and there is no contract✓ Correct
CThe buyer has until Monday because weekend days do not count
DThe broker may extend the deadline by one business day
Explanation
If an offer or counteroffer specifies an acceptance deadline and the offeree does not communicate acceptance by that deadline, the offer expires. There is no contract, and the parties are free to move on.
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