Contracts
In New Mexico, when a buyer makes an offer on a property and the seller changes the price and returns it, this is legally called:
AAn acceptance
BA counteroffer that simultaneously rejects the original offer✓ Correct
CA rejection only
DAn amendment
Explanation
A counteroffer simultaneously rejects the original offer and presents a new offer with different terms. The original offer is terminated and the original offeror can accept, reject, or counter the new terms.
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