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Which of the Following Statements Is True About a Counteroffer

Question 17

Multiple Choice

Which of the following statements is true about a counteroffer?


A) An offeree that makes the counteroffer is still considered the offeree.
B) A counteroffer terminates the existing offer.
C) A counteroffer can only be made by the offeror.
D) A counteroffer need not be communicated to the offeror.

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