A seller receives a contract offer to buy her property. What will happen if the seller changes the title company named in the offer to the one where her sister works?

This choice implies that the buyer's acceptance or indifference to the change negates the need for formal acceptance of the counteroffer. However, any alteration to the original offer requires the buyer's approval, so the change cannot simply be accepted without acknowledgment of the new terms.

While changing the title company to one where the seller works may raise ethical concerns regarding a conflict of interest, this is not the main legal implication of altering the contract. The primary issue here is that any change creates a counteroffer, thus rejecting the original offer regardless of potential conflicts.

This option incorrectly assumes that the change in title company does not constitute a material alteration to the contract. In contract law, any modification, including the choice of title company, is considered material and necessitates a counteroffer, leading to the rejection of the original offer.