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pasker pasker
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7 years ago
Mrs. Jones offers to sell her house to Smith for $200,000. Smith says he will pay no more than $185,000. Which of the following statements would be true at common law?
A) Mrs. Jones and Smith have negotiated a settlement.
B) Smith's price is close enough to constitute acceptance of Mrs. Jones's original offer, but the contract price will be set at $200,000.
C) Smith has terminated the original offer and now has set forth a counteroffer.
D) Mrs. Jones's offer remains open and so does Smith's counteroffer.
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The Legal Environment of Business

The Legal Environment of Business


Edition: 7th
Authors:
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The Legal Environment of Business, 7th Edition
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eshreemeshreem
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Love is the only force capable of transforming an enemy into a friend.

Martin Luther King, Jr.

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pasker Author
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7 years ago
Thank you for improving my grade
The Legal Environment of Business, 7th Edition
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