A home owner promises to keep his or her offer to sell their house open for acceptance
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Question:
A home owner promises to keep his or her offer to sell their house open for acceptance by a buyer, but can still make a contract with a second buyer because:
1) Promises are always unenforceable.
2) Sellers have no remedies for breach of contract.
3) Buyer is unwilling to raise his or her bid.
4) Promises are unenforceable until the contract is accepted.
Expert Answer:
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