Contracts
A Maine seller receives two offers simultaneously. The seller may:
AOnly respond to the first offer received
BAccept one offer and counter the other✓ Correct
CAccept both offers simultaneously
DIgnore both and relist at a higher price
Explanation
A seller may accept one offer and counter the other (or reject it). Once one offer is accepted and a binding contract formed, the seller cannot accept a second offer for the same property.
Related Maine Contracts Questions
- If a seller receives two offers simultaneously, the seller may:
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