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When a counteroffer is made, what happens to the original offer? Question 1 2 options: It will be automatically reinstated by the offeror It remains

When a counteroffer is made, what happens to the original offer?

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12

options:

It will be automatically reinstated by the offeror

It remains in effect unless specifically revoked

It terminates the offer, as the counteroffer is a rejection

It terminates, but only if the counteroffer specifically states that the original offer was unacceptable

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