Contracts
A Texas seller accepts the buyer's offer but crosses out and initials one clause before signing. This action creates:
AA valid acceptance of the original offer
BA counteroffer — the buyer must approve the change for a binding contract to exist✓ Correct
CA void contract
DAn executed contract with the changed term
Explanation
Any change to the terms of an offer — even a small one — constitutes a counteroffer and rejection of the original offer. The parties must both agree to all terms for a binding contract to be formed.
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