Contracts
A Wisconsin buyer who makes multiple offers on different properties at the same time must be aware that:
AOnly one offer can be accepted at a time because the buyer has one purchasing capacity
BAll offers become binding contracts if each seller accepts them — the buyer could be bound to purchase multiple properties simultaneously✓ Correct
CWisconsin law limits buyers to one pending offer at a time
DOnly the first offer accepted is binding
Explanation
Each accepted offer becomes a binding contract; a buyer who has multiple simultaneous offers accepted could face significant legal exposure for breach of contract on the properties they cannot close on.
Related Wisconsin Contracts Questions
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