Contracts
In Kansas, a purchase agreement that includes a 'right of first refusal' clause gives the holder:
AThe right to refuse any offer made on the property
BThe right to match any bona fide offer received before the property can be sold to another party✓ Correct
CThe right to purchase the property at below-market value
DPriority over all other liens on the property
Explanation
A right of first refusal gives the holder the opportunity to purchase the property on the same terms as any bona fide third-party offer before the seller can accept that offer.
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