Contracts
In South Dakota, when a seller accepts a buyer's offer 'with modifications,' this constitutes a:
ABinding acceptance of the original offer
BCounteroffer that rejects the original offer and proposes new terms✓ Correct
CConditional acceptance that keeps the original offer alive
DRequest for best and final offers
Explanation
Accepting an offer 'with modifications' is a counteroffer — a rejection of the original offer and the creation of a new offer. The original offer is terminated, and the buyer must now accept, reject, or counter the modified (counter) offer.
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