Free Pennsylvania Real Estate Practice Exam Practice Question
A buyer submits an offer to purchase but the offer is countered by the seller. If the buyer does not accept the seller's counteroffer, the original offer is:
Correct Answer: B
Rationale: When a seller counters a buyer's offer, the original offer is effectively terminated. This means it can no longer be accepted, rendering it void.
**Option A: enforceable** is incorrect because an enforceable contract requires mutual agreement, which is lost when the seller counters.
**Option C: valid** is misleading; while the original offer was valid initially, it becomes void upon the counteroffer.
**Option D: voidable** suggests that the offer could still be accepted under certain conditions, which is not the case here, as it is completely terminated. Thus, the original offer is void.
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