Collector Carl displays his beer can collection at the local swap meet.Mary sees the collection and is interested in buying it.Carl says he will sell the collection for $1,500.Mary says she really likes the collection but is only willing to pay $1,000.Which of the following is correct?
A) Mary's counteroffer terminates Carl's offer of $1,500.
B) If Carl rejects Mary's counteroffer, she can still accept Carl's offer of $1,500.
C) Neither offer is valid. Who would ever pay $1,000 or $1,500 for a beer can collection?
D) Mary's offer is a firm offer. Carl has an exclusive right to consider her offer for a reasonable period of time.

Question

Quizplus · Accepted Answer

Mary's counteroffer of $1,000 terminates Carl's original offer of $1,500.

Collector Carl Displays His Beer Can Collection at the Local