Contracts
A Missouri buyer signs an offer that includes an earnest money deposit of $5,000. The seller never responds. The offer is:
AAccepted by default after 48 hours
BVoid because there was no acceptance✓ Correct
CBinding because the earnest money was paid
DValid as a unilateral contract
Explanation
Without acceptance, there is no mutual assent and no contract is formed. The offer lapses and is void if not accepted within the specified or reasonable time.
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