Ask Question
BusinessBusiness
4 January, 06:43

Kelly selected a home and submitted an offer to the seller. Multiple Choice The seller must accept her offer. Her offer must have been for the asking price. The seller's price is affected by Kelly's need to buy. The seller may reject the offer and choose to provide a counteroffer. Kelly will receive earnest money when she presents the offer.

+2
Answers (1)
  1. 4 January, 10:31
    0
    The seller may reject the offer and choose to provide a counteroffer.

    Explanation:

    In a free-market environment, a seller has the option to accept or decline an offer for what he is selling, in this case, a house. Furthermore, he can propose a counteroffer to see if the buyer is able and willing to pay more for that house. Taking this simple rules into account, the seller may reject Kelly's offer if he wants and can choose to make a counteroffer.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Kelly selected a home and submitted an offer to the seller. Multiple Choice The seller must accept her offer. Her offer must have been for ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Which of the following cash flows are NOT considered in the calculation of the initial outlay for a capital investment proposal?
Answers (1)
What is the product level that will maximize the profit for the firm?
Answers (1)
In the preceding case about Nintendo, their original entry into the video-gaming market was built upon a resource that became VRIO relative to their main competitors Sony and Microsoft. What was the main focus of this resource
Answers (1)
While organizational structure emphasizes the activities through which work is done in the organization, organizationalprocess emphasizes jobs and their authority relationships. TrueFalse
Answers (1)
Where does the sun remain above the horizon all day (never setting) on the december solstice?
Answers (1)
New Questions in Business
Sally received $50,000 of compensation from her employer and she received $400 interest from a corporate bond. What is the amount of Sally's gross income from these items? A) $400 B) $50,000 C) $50,400
Answers (1)
What are corporate stocks? A) Corporate stocks are where the financial records of corporations are stored. B) Corporate stocks are the total accumulation of goods and services that a corporation has available for sale to consumers.
Answers (1)
Which of the following is true with regard to a market segment? A market segment consists of consumers who respond in a similar way to a given set of marketing efforts. Dividing the market into segments reduces composite demand.
Answers (1)
Wind Turbines and solar panels are examples of? Conversation technologies. Advanced technologies green technologies smart technologies
Answers (1)
Lorenzo is self employed with an s corporation. he is unmarried and had a net profit for the tax year. what are the tax ramifications of his health insurance premiums paid for the year?
Answers (1)
Home » Business » Kelly selected a home and submitted an offer to the seller. Multiple Choice The seller must accept her offer. Her offer must have been for the asking price. The seller's price is affected by Kelly's need to buy.
Sign Up Forgot Password?