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Collector Antwon displays his beer can collection at the local swap meet. Jiao sees the collection and is interested in buying it. Antwon says he
Collector Antwon displays his beer can collection at the local swap meet. Jiao sees the collection and is interested in buying it. Antwon says he will sell the collection for $1,500. Jiao says she really likes the collection but is only willing to pay $1,000. Which of the following is correct? Group of answer choices Jiao's counteroffer terminates Antwon's offer of $1,500. If Antwon rejects Jiao's counteroffer, she can still accept Antwon's offer of $1,500. Neither offer is valid. Who would ever pay $1,000 or $1,500 for a beer can collection? Jiao's offer is an option contract, and she cannot revoke the offer
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