Contracts
A Wisconsin seller who accepts an offer subject to a kick-out clause and then receives a competing offer must:
AImmediately accept the competing offer
BGive the first buyer written notice and allow them the specified time to waive their contingency✓ Correct
CReject the competing offer automatically
DConsult DSPS before proceeding
Explanation
When a competing offer is received on a kick-out clause contract, the seller must give the first buyer written notice and the opportunity to remove their contingency within the specified period.
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