Nancy and Sabrina are negotiating a record deal. Nancy is the CEO of "Nancy Records" which is an extremely popular record company. Sabrina is a rising star who just let out a hit single "Let it Rain." Nancy brought a contract to the table giving Sabrina a $1 million record deal for one year. Right before Sabrina had the chance to sign, Nancy heard that Sabrina had participated in tax evasion. Thinking that this would bring harm to her company, Nancy took the contract from Sabrina and shredded it. Nancy then stated, "Nancy Records will not be doing business with you, Sabrina." Nancy then walked out of the room. What legal term describes Nancy's actions after hearing about Sabrina's tax evasion? O An Initial Offer An Acceptance O A Rejection A Counteroffer O A Revocation