When a Counteroffer Is Made, What Happens to the Original

Multiple Choice

When a counteroffer is made, what happens to the original offer?

A) It remains in effect in all circumstances.
B) It remains in effect only if the original offer specified a designated acceptance time.
C) It remains in effect unless the counteroffer is materially different.
D) It terminates.
E) It terminates, but only if the counteroffer specifically states that the original offer is unacceptable.