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:
A. an addendum
B. an amendment
C. a modification
D. a counteroffer
Ans: D. a counteroffer
Explanation: If any change is made to an offer by the offeree, this terminates the original offer and creates a new offer known as a counteroffer.
Business
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