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Rafi offers to sell his sailboat, Sea Siren, to Tarn for $50,000. Referring to the prices for similar vessels, Tara says, T'll pay no more

Rafi offers to sell his sailboat, Sea Siren, to Tarn for $50,000. Referring to the prices for similar vessels, Tara says, "T'll pay no more than $40,000." Rafi's offer is O a terminated O b. revoked O c. still open O d. rejected and subject to a counteroffer

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