Illinois Real Estate Exam 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 constitutes a rejection of the original offer and introduces new terms, which is classified as a counter offer (A and B are true). A counter offer effectively nullifies the original offer, meaning it cannot be accepted as is (D is also true). However, stating that this situation keeps the original offer alive is incorrect. Once the seller proposes different terms, the original offer is no longer valid, and therefore, cannot be accepted by the buyer.
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