Contracts
A seller accepts a buyer's offer but changes the closing date. This creates:
AA binding contract on the original terms
BA counteroffer that terminates the original offer✓ Correct
CA breach of the listing agreement
DAn addendum to the original offer
Explanation
A counteroffer is made when the seller changes any terms of the buyer's original offer. A counteroffer terminates the original offer and creates a new offer that the buyer may accept, reject, or counter.
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