Icon Properties, Inc., makes an offer to Bob to sell a certain lot for $30,000, with the
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Icon Properties, Inc., makes an offer to Bob to sell a certain lot for $30,000, with the offer to stay open for thirty days. Bob would prefer to pay $25,000 if Icon would sell at that price. What should Bob reply to Icon to leave room for negotiation without rejecting the offer?
a. “I will not pay $30,000.”
b. “Will you take $25,000?”
c. “I will pay $25,000.”
d. “I will pay $27,500.”
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Business Law Text And Exercises
ISBN: 9780357717417
10th Edition
Authors: Roger LeRoy Miller, William E. Hollowell
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