Contracts
A Pennsylvania seller who receives an offer below asking price may choose to:
AAccept only if they sign within 24 hours
BAccept, reject, or counter-offer — any counter-offer creates a new offer✓ Correct
CRequire PREC mediation before responding
DHold the offer for 30 days before responding
Explanation
A seller receiving any offer in Pennsylvania has three options: accept, reject, or counter-offer. If the seller counter-offers, this creates a new offer, rejecting the buyer's original offer.
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