offer to purchase a home in a short sale subject to the mortgagee's approval. The seller accepted the offer. These 25. The had s NOT approved the transaction by May 1 and the buyer had found a different home she was Cinate the contract? Yes, because the contingency was not met in a timely fashion Yes, because the statute of frauds requires contracts be consummated timely No, because the offer to purchase is binding until the mortgagee responds. No, because it was already accepted by the seller and is therefore binding. C Calculator A Help EX gi DOLL