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18 January, 15:02

Fabien offers to sell his Graphic Signs, LLC, business to Hanna for $100,000. Hanna replies, "The price is too high. I will buy it for $75,000."

Hanna has:

a. accepted the offer.

b. made a counteroffer without rejecting the offer.

c. rejected the offer and made a counteroffer.

d. rejected the offer without making a counteroffer.

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  1. 18 January, 15:15
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    c. rejected the offer and made a counteroffer.

    Explanation:

    In this case, the fact that Hanna has suggested a different price from what Fabien offered earlier means that the former has rejected the initial offer. Her willingness to pay only $75,000 instead of the asked $100,000 means that she is negotiating by making a counteroffer. This gives Fabien and option to either accept it, reject it, counter that offer in return or continue negotiating. Therefore, to summarize, Hanna has rejected the offer and made a counteroffer making option C correct.
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