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A counteroffer in Oregon:

Correct Answer

B) Rejects the original and creates a new offer

A counteroffer rejects and terminates the original offer.

Answer Options
A
Modifies original
B
Rejects the original and creates a new offer
C
Binds both
D
Must be oral

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Related Topics & Key Terms

Related Topics:

offer and acceptancemirror image ruleStatute of Frauds ORS 41.580contract formationOREF forms

Key Terms:

counterofferrejectionnew offermirror image ruleoffer terminationcontract formation
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