Multiple Choice
Which of the following statements is true about a counteroffer?
A) An offeree who makes a counteroffer is still considered the offeree.
B) A counteroffer terminates the existing offer.
C) A counteroffer can only be made by the original offeror.
D) A counteroffer is effective even before it has been received by the original offeror.
Correct Answer:
Verified
Correct Answer:
Verified
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