Contracts
A Wisconsin buyer presents an offer with a personal property inclusion list specifying the refrigerator, washer, dryer, and basement freezer. The seller crosses off 'basement freezer' before signing. This is a:
ABinding contract since the seller signed
BCounter-offer — the seller has modified the terms, and the buyer must accept the counter-offer to form a binding contract✓ Correct
CVoid contract
DConditional acceptance that is automatically binding
Explanation
Modifying the terms of an offer before signing constitutes a counter-offer; the original offeror (buyer) must accept the modified terms for a binding contract to be formed.
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