ContractsOffer_and_acceptanceMEDIUM
An offer to purchase real estate is terminated by all of the following EXCEPT:
Correct Answer
C) Inquiry about terms by the offeree
An inquiry about terms does not terminate an offer. However, death of the offeror, a counteroffer, or rejection all terminate the original offer.
Answer Options
A
Death of the offerorB
Counteroffer by the offereeC
Inquiry about terms by the offereeD
Rejection by the offereeVideo Explanation3 min
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Related Topics & Key Terms
Related Topics:
contract-formationoffer-and-acceptancereal-estate-contractscontract-termination
Key Terms:
offer terminationcounterofferinquirymirror image rulecontract formation
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