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Holly offered to sell her car to Carina for $35,000 but Carina counter-offered with a price of $28,000. What is the effect of Carina's counteroffer
Holly offered to sell her car to Carina for $35,000 but Carina counter-offered with a price of $28,000. What is the effect of Carina's counteroffer on Holly's original offer? Question 3 options: 1) Holly's original offer is still available for acceptance until Holly specifically revokes it. 2) The original offer is no longer available because it has lapsed. 3) Holly's original offer is no longer available for acceptance because Carina's counteroffer is a rejection of the original offer. 4) Holly's original offer is still available because she has not replaced it with a new offer 5) Carina's offer wasn't in writing, so it is meaningless.