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.

Answer: a. when the buyer revokes the offer after the seller's acceptance has been communicated.

Business

You might also like to view...

In industrial marketing situations, ________ are often used as beta test sites, where new products are tested and debugged

A) innovators B) early majority C) late majority D) laggards

Business

In Baker v. Carr, the U.S. Supreme Court held that the creation of voting districts violates which clause of the U.S

Constitution if the voting districts are created without any reasonable or logical formula which results in discrimination against any group? a. Supremacy Clause b. First Amendment c. Equal Protection Clause d. Due Process Clause

Business