Contracts
A Massachusetts buyer submits an offer with a 48-hour acceptance deadline. If the seller fails to accept within 48 hours, the offer:
AAutomatically converts to a counter-offer
BLapses and is no longer binding unless the buyer renews it✓ Correct
CRemains open for 7 additional days by law
DIs deemed accepted if the buyer does not withdraw it
Explanation
An offer expires at the deadline specified by the offeror. If the seller does not accept within the stated 48-hour period, the offer lapses. The seller's purported acceptance after the deadline is legally a new offer that the buyer may accept or reject.
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