Contracts
A Rhode Island listing agent receives multiple offers at the same time. What is the agent's obligation?
AAccept the highest offer without presenting others to the seller
BPresent all offers to the seller promptly and let the seller decide how to respond✓ Correct
CCounter only one offer and reject the others automatically
DWait 48 hours before presenting any offers
Explanation
A Rhode Island listing agent must present all offers to the seller promptly and in a timely manner. The seller decides how to respond to multiple offers—they may accept one, counter one or more, or counter all.
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