George says to Paul, I will sell you my house for $1,000,000 Paul says, I'll only pay $900,000 What is the result of Paul's response a A valid contract has been formed b Paul has made a counteroffer c Paul has terminated the original offer d Both B and C are correct

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George says to Paul,I will sell you my house for $1,000,000. Paul says,I'll only pay $900,000. What is the result of Paul's response? a. A

George says to Paul,"I will sell you my house for $1,000,000." Paul says,"I'll only pay $900,000." What is the result of Paul's response?

	a.	A valid contract has been formed.
	b.	Paul has made a counteroffer.
	c.	Paul has terminated the original offer.
	d.	Both B and C are correct.

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