Roberta says "Susan, I will sell you my car for $5,000." Susan says, "I'll give you $4,500." Roberta says "No." Later Susan calls Roberta and says, "I have $5,000 and want the car." Roberta:

Question

Quizplus · Accepted Answer

C) Roberta does not have to sell the car because Susan's counteroffer of $4,500 effectively rejected Roberta's original offer of $5,000. In contract law, a counteroffer is considered a rejection of the original offer and puts forth a new offer, which the original offeror is free to accept or reject.

Roberta Says "Susan, I Will Sell You My Car for $5,000