Let event A be that there are more than two defects and let event B be that there are four or fewer defects. Which of the following statements is true?

All of the following terminates an existing offer to purchase real estate except:

a. when the buyer revokes the offer after the seller's acceptance has been communicated. b. the lapse of time as written in the offer. c. submission of a counteroffer. d. the death of the buyer before the seller's acceptance has been communicated.

A majority of the states have passed legislation establishing a cooling-off period during which the consumer may void a contract to purchase goods and services

Indicate whether the statement is true or false