Contracts
A Louisiana seller receives two simultaneous purchase offers. The seller is legally permitted to:
AOnly consider the highest price offer
BAccept either offer, counter both, or reject both — the seller is not obligated to accept any offer✓ Correct
CBe required to accept the first offer chronologically received
DAccept both offers simultaneously creating two binding contracts
Explanation
A seller has no obligation to accept any purchase offer. They may accept one, counter both, reject both, or negotiate with multiple buyers simultaneously (taking care not to create two binding contracts for the same property).
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