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Master Exam #3

Question 136 of 150
Question: When a counteroffer is made:
A:  The original offer becomes a unilateral offer;
B:  The offeree becomes the offeror;
C:  The original offeror cannot amend his terms;
D:  It is considered a partial acceptance of the original offer.

Correct Answer is : B

Suppose the buyer made the first offer. The buyer was the offeror and the seller was the offeree. When the seller makes a counteroffer, now the seller would become the offeror and the buyer the offeree.

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