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Kristin Offers to Sell Land to Ian for $5,000

Question 79

Multiple Choice

Kristin offers to sell land to Ian for $5,000.Ian says that $5,000 is too much,but he will pay $4,000.Kristin says no.Two days later,Ian accepts Kristin's original offer.Which of the following best describes this situation?


A) There is now a valid contract between Kristin and Ian.
B) Ian made a counteroffer; that terminated Kristin's offer.
C) Kristin may now accept Ian's counteroffer.
D) Ian made a counteroffer,but Kristin's offer may still be accepted.

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