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An offer to purchase real estate is terminated by all of the following EXCEPT:

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Question & Answer

Review the question and all answer choices

A

Death of the offeror

B

Counteroffer by the offeree

C

Inquiry about terms by the offeree

Correct Answer
D

Rejection by the offeree

Why is this correct?

An inquiry about terms does not terminate an offer. However, death of the offeror, a counteroffer, or rejection all terminate the original offer.

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