Which of the following is NOT an option that a seller has after receiving a counteroffer?

Rationale

B) discharge the contract

A seller cannot discharge the contract as a response to a counteroffer; instead, they have specific options that relate directly to the negotiation process. Discharging a contract typically involves terminating an existing agreement, which is not applicable after receiving a counteroffer.

A (allow the offer to expire) YOUR ANSWER

A seller can choose to allow the counteroffer to expire if they do not respond within the time frame specified in the offer. This is a legitimate option, as it simply means the seller is not interested in the terms presented and does not wish to engage further.

C (accept the offer) YOUR ANSWER

Accepting the counteroffer is a viable choice for the seller, as it indicates their agreement to the terms proposed. This action would create a binding contract between the parties based on the new terms outlined in the counteroffer.

D (reject the offer in writing) YOUR ANSWER

The seller can explicitly reject the counteroffer in writing, which is a formal way to communicate their decision not to proceed with the proposed terms. This option is a standard practice in negotiations and allows the seller to clarify their position.

Conclusion

In summary, while a seller has several valid options upon receiving a counteroffer, including allowing the offer to expire, accepting the offer, or rejecting it in writing, discharging the contract is not one of them. Discharging implies an action related to a pre-existing contract rather than a response to a new counteroffer, making it the correct answer to the question.

Which of the following is NOT an option that a seller has after receiving a counteroffer?

B) discharge the contract

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