Contracts
A Kansas buyer submits an offer below the list price. This is best described as:
AA binding contract upon submission
BAn offer that becomes binding when received by the seller
CAn offer that becomes a contract only upon the seller's written acceptance✓ Correct
DAn invitation for the seller to make a counteroffer
Explanation
An offer becomes a binding contract only when accepted by the offeree (the seller) and communicated back to the offeror (the buyer) before the offer expires or is revoked.
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