Contracts
A Maryland seller accepts a buyer's offer. The next day the seller receives a higher offer. The seller may:
AAccept the second offer because no money has changed hands
BNot accept the second offer; the first ratified contract is binding✓ Correct
CAccept the second offer if it is 5% higher
DPresent the second offer to MREC for approval
Explanation
Once a contract is ratified (signed by all parties), it is legally binding. The seller cannot accept a second offer without breaching the first contract.
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