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28 May, 21:12

B makes an offer to buy W's home. The offer contained a provision limiting the time for acceptance to 48 hours. W immediately rejected the offer as inadequate. After thinking about it overnight, W called his agent and said, "I've changed my mind. I'll take the offer." What is the status of B's offer?

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  1. 28 May, 22:13
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    The correct answer is It was terminated when W first rejected it.

    Explanation: The rejection automatically terminates an offer.
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