New Jersey 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 to the offer constitutes a rejection of the original terms and introduces new conditions, which is classified as a counteroffer (Options A and B are true). By suggesting different terms, the seller effectively terminates the original offer, making it no longer valid (Option D is also true). Therefore, stating that this is a negotiation that keeps the original offer alive is false, as the original offer cannot be accepted once a counteroffer is made. This clarifies the dynamics of offer and counteroffer in contract law.
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