California Real Estate Practice Exam

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Study for the California Real Estate Exam. Engage with multiple choice questions and detailed explanations to sharpen your knowledge. Get ready to ace your real estate career!

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After Buyer A does not respond to a counteroffer, what must happen for the original offer to be valid?

  1. The original offer is automatically accepted

  2. Buyer A must affirm the original offer

  3. The seller must reduce the price further

  4. A witness must validate the counteroffer

The correct answer is: Buyer A must affirm the original offer

If buyer A does not respond to a counteroffer, it means they have rejected the counteroffer and must either affirm the original offer or make a new offer. Allowing the original offer to remain valid without a response from buyer A would go against the principle of mutual assent in contract law. Option A is incorrect because silence does not equal acceptance in contract law. Option C is incorrect because the seller is not obligated to reduce the price further. Option D is incorrect because the validation of a counteroffer does not affect the validity of the original offer.

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