Contracts
A buyer submits an offer on a Providence property with an expiration date of 48 hours. The seller signs and returns the accepted offer 60 hours later. This constitutes:
AA valid, binding acceptance
BA counteroffer, as the acceptance was late✓ Correct
CA void offer since it expired
DA voidable contract at the buyer's option
Explanation
An acceptance received after an offer has expired does not create a binding contract. The late 'acceptance' is treated as a new counteroffer, which the original buyer may accept or reject. The original offer is no longer valid.
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