7)

Charlotte purchased a trampoline years ago for her children to play on.

After purchasing the trampoline, Charlotte's children showed NO interest in the trampoline. Thus, Charlotte stored the trampoline in her garage.

On June 1, 2021, Charlotte was talking with her neighbor Greg and Greg made a comment that his children would love to have a trampoline.

Charlotte immediately offered to sell her trampoline to Greg for $1000.00. Charlotte said, I will sell you my trampoline for $1000.00. You would love it. My trampoline is almost brand new. My children only used it twice.

Greg was a little surprised at how fast Charlotte offered to sell the trampoline. Greg also was not sure if he could afford to pay $1000.00.

In response to Charlotte's offer, Greg said the following, Would you consider selling the trampoline to me for $500.00?

Charlotte responded and said, No, I will only sell you the trampoline for $1000.00.

Greg then replied and told Charlotte he could NOT afford to buy the trampoline for $1000.00.

WHICH IS ENTIRELY TRUE:

A)Charlotte is the OFFEROR and made an offer to Greg. Greg is the OFFEREE and rejected Charlotte's offer.

B)Charlotte is the OFFEROR and made an offer to Greg to sell the trampoline to Greg for $1000.00. Greg made a Counter-Offer to buy the trampoline for $500.00. As such, Greg became the new OFFEROR and Charlotte became the new OFFEREE.

C)Charlotte is the OFFEROR and Greg is the OFFEREE. Greg made a Counter-Offer. Thus, Greg is the new OFFEROR and Charlotte rejected the Counter-Offer.

D)B & C

E)None of the above