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topjm [15]
3 years ago
15

A buyer makes and signs a written offer. The seller writes in one small change to the offer and signs it. This document is known

as: Group of answer choices A. an addendum B. an amendment C. a modification D. a counteroffer
Business
1 answer:
SVEN [57.7K]3 years ago
6 0

Answer:

The correct answer is letter "D": a counteroffer.

Explanation:

A counteroffer is any offer made after an initial offering. It is valid only if both parties in a commercial transaction accept it. Counteroffers imply the initial offering was rejected by one of the parties involved in the transaction, thus, the terms must be reviewed until the parties reach an agreement. Otherwise, the contract would not proceed.

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It would therefore support the U.S. policy of protecting the economic freedom of her citizens such that they may trade whatever it is that they want - so long as it is legal - without restrictions by the government.

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Answer:

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