Contracts
If a buyer makes an offer and the seller changes the price and accepts, the buyer's original offer has been:
AAccepted on modified terms
BTerminated by counteroffer; the seller's response is a new offer✓ Correct
CAutomatically extended for 24 hours
DDeemed accepted under the mirror image rule
Explanation
A counteroffer terminates the original offer. The seller's response (changing the price) is a new offer that the buyer may accept, reject, or counter.
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