Contracts
A buyer in Virginia makes an offer on a home. The seller crosses out one term and initials it before signing. This creates:
AA binding contract on the crossed-out term
BA counteroffer that the buyer must accept or reject✓ Correct
CAn accepted contract with a unilateral modification
DA void offer
Explanation
When a seller changes any term of an offer before signing, it constitutes a counteroffer—not an acceptance. The original offer is rejected and the buyer must now accept or reject the counteroffer.
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