Contracts
A Nebraska purchase agreement provides for attorney review within 3 days. If neither party's attorney objects within 3 days:
AThe contract is automatically voided
BThe contract becomes fully binding✓ Correct
CAn automatic 3-day extension is granted
DThe parties must renegotiate
Explanation
Attorney review clauses allow attorneys to review and object to contract terms within a stated period. If no objection is made within the period, the attorney review contingency expires and the contract becomes fully binding.
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