Contracts
A counteroffer in Utah real estate effectively:
AKeeps the original offer alive while adding conditions
BRejects the original offer and creates a new offer✓ Correct
CRequires the original offeror to accept or pay a penalty
DExtends the acceptance deadline of the original offer
Explanation
A counteroffer rejects the original offer and constitutes a new offer. The original offeror is under no obligation to accept and the original offer cannot be revived.
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