Assume that John submits ann offer to Lisa to purchase Lisa's home for $300,000. Lisa responds to John's offer with a counteroffer: she will sell John her home for $325,000. John then offers to purchase the home for $325,000 and Lisa accepts the offer. In each of these transactions, who is the offeror and who is the offeree?

In each transaction mentioned, the offeror is the party who makes the initial offer, and the offeree is the party to whom the offer is made. Let's break down each scenario:

1. When John submits an offer to Lisa to purchase her home for $300,000:
- Offeror: John
- Offeree: Lisa
John is the offeror because he is making the initial offer to buy Lisa's home, and Lisa becomes the offeree as she is the party being offered the opportunity to sell her home.

2. When Lisa responds to John's offer with a counteroffer of selling her home for $325,000:
- Offeror: Lisa
- Offeree: John
Lisa becomes the offeror in this instance because she is making a counteroffer by suggesting a different price for the sale of her home. John, who initially made the offer, becomes the offeree as he is now on the receiving end of Lisa's counteroffer.

3. When John agrees to purchase the home for $325,000 and Lisa accepts his offer:
- Offeror: John (last offer)
- Offeree: Lisa (last offer)
In this final transaction, John is once again the offeror since he offers to purchase the home for a specific price of $325,000. Lisa accepts his offer, shifting back into the role of the offeree.

It's important to note that the roles of offeror and offeree can change throughout negotiations, depending on who is making the initial offer or counteroffer in each instance.