New Jersey Real Estate Practice Exam Free Practice Question
An offer was presented but the seller did not accept the offer; instead the seller suggested different terms that would be more acceptable. Which of the following is FALSE?
Correct Answer: C
Rationale: In this scenario, the seller's response to the original offer constitutes a rejection, as they did not accept the terms presented.
Option A is true; the seller's suggestion of different terms indicates that the original offer has been rejected. Option B is also accurate, as proposing new terms is indeed a counteroffer, which alters the original proposal. Option D correctly states that the original offer is no longer valid after a counteroffer is made.
However, option C is false; a counteroffer does not keep the original offer alive; it effectively terminates it, as the original terms can no longer be accepted.
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