Contracts
If a seller accepts a buyer's offer and then receives a better offer before the buyer is notified of acceptance, the seller:
AMay accept the better offer because no contract exists until the buyer receives notice
BIs bound to the first buyer once acceptance is given, and must honor that contract✓ Correct
CMay select either offer by notifying both buyers simultaneously
DMay withdraw and relist with the higher price
Explanation
Once a seller accepts an offer and communicates that acceptance to the buyer, a binding contract is formed. The seller is legally obligated to honor the first contract, even if a better offer arrives afterward.
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