Why is it important for the parties involved in contractual negotiations to know that an offer has been rejected?
A) The risk in rejecting an offer is that it may not be renewed.
B) A counteroffer is legally recognized as a form of rejection.
C) The distinction between rejection and counteroffer can be unclear.
D) The offer is automatically terminated upon rejection by the offeree.

Question

Quizplus · Accepted Answer

The offer is automatically terminated upon rejection by the offeree.

Why Is It Important for the Parties Involved in Contractual