Contracts
A Utah buyer who submits multiple offers on different properties simultaneously and has all offers accepted is legally:
APermitted as long as they buy at least one property
BObligated to perform on all accepted contracts unless a valid contingency allows cancellation✓ Correct
CProtected by Utah law allowing cancellation of all but one contract
DOnly bound by the first offer accepted
Explanation
If a buyer has multiple offers accepted simultaneously and cannot close on all, they are in breach of all contracts they fail to close. This is why buyers should carefully manage offers and use appropriate contingencies (financing, inspection) to provide exit options.
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