Contracts
Under a TREC contract, if the seller makes modifications to the buyer's offer by changing terms and signing and returning it to the buyer, this constitutes:
AA binding acceptance of the original offer
BA counteroffer that terminates the original offer and must be accepted by the buyer to form a contract✓ Correct
CA mutual agreement on partial terms
DA TREC-required amendment process
Explanation
Under basic contract law, when a seller changes any term of the buyer's offer (price, closing date, inclusions, etc.) and signs and returns it, this is a counteroffer—not an acceptance. The counteroffer terminates the original offer. The buyer must accept the counteroffer's exact terms for a binding contract to be formed.
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