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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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