rafi offers a tour of bay harbor aboard his sailboat, sea siren, to tiara's travel group for $500. referring to the prices for similar tours, tiara's says, "we'll pay no more than $400." rafi's offer is select one:

a. rejected and subject to a counteroffer.
b. still open.
c. terminated.
d. revoked.

A) rejected and subject to a counteroffer.

Explanation:

A counteroffer refers to a situation where an offer is not accepted by the offeree, and instead the offeree makes a different offer during the negotiations of the contract.

A counteroffer is considered a new offer after an original offer has been rejected. Therefore the original offer is no longer valid.

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