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.

Question

Arielle Mathis

Business

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.

+4

Answers (1)

Know the Answer?

Leonardo Tran · Answer 1

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.