Contracts
In Missouri, a 'backup offer' is used when:
AThe original offer was rejected
BA buyer submits an offer contingent on the primary contract falling through✓ Correct
CTwo buyers submit simultaneous offers
DA seller wants to accept multiple offers
Explanation
A backup offer in Missouri is accepted by the seller as a secondary contract, effective only if the primary contract fails. The backup buyer stays in position to purchase if the primary buyer's contingencies are not satisfied or if the primary buyer defaults.
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