Contracts
Under NC law, if a seller dies after signing a purchase contract but before closing, the contract:
AIs automatically voided by the seller's death
BRemains binding on the seller's estate, which must complete the sale per contract terms✓ Correct
CAutomatically extends the closing date by 90 days
DGives the buyer the right to renegotiate all terms
Explanation
A valid purchase contract survives the death of a party — it becomes binding on the deceased seller's estate, which must fulfill the contract obligations or be subject to breach of contract claims.
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