Contracts
A counteroffer in a real estate negotiation legally:
AModifies the original offer and keeps it alive
BRejects the original offer and presents a new offer✓ Correct
CBinds both parties until a final agreement is reached
DExtends the acceptance deadline of the original offer
Explanation
A counteroffer rejects the original offer and substitutes a new offer. The original offer is extinguished and no longer available for acceptance.
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