Contracts
In Montana, when a seller accepts a buyer's offer to purchase, the moment acceptance is communicated to the buyer creates:
AAn option to purchase only
BA binding bilateral contract✓ Correct
CAn open offer that can be withdrawn
DA conditional agreement pending title search
Explanation
When a Montana seller's acceptance is properly communicated to the buyer, a binding bilateral contract is formed. Both parties are then legally obligated to perform according to the contract terms.
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