Contracts
A North Dakota residential seller who receives multiple offers simultaneously should:
AAccept all offers to ensure one closes
BRespond to each offer — accept one, counter others, or reject all — but cannot create multiple binding contracts for the same property✓ Correct
CAutomatically accept the highest price offer without reviewing other terms
DRequire all buyers to resubmit at a set bid deadline
Explanation
When multiple offers are received, the seller can accept one, reject all, or counter one or multiple offers. However, once one offer is fully accepted (creating a binding contract), the seller cannot simultaneously accept another binding offer for the same property.
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