Contracts
A Missouri contingency for sale of buyer's existing home protects the buyer by:
AGuaranteeing the buyer's home will sell
BAllowing the buyer to cancel the purchase contract if their home does not sell within a specified period✓ Correct
CExtending the listing period
DRequiring the seller to buy the buyer's home
Explanation
A home sale contingency allows the buyer to cancel and recover earnest money if their existing home doesn't sell within the contingency period, protecting the buyer from owning two properties.
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