A buyer has written an offer for a commercial building for $5.2 million. Another buyer writes an offer on the same building for $5.4 million later the same day. The second offer is presented before the seller makes a decision on the first offer. Which of the following is true in this situation?

A

The seller must accept the highest offer.

B

The seller can accept either offer

C

or reject both offers.

D

The seller must take action on the first offer before considering the second one.

E

The seller should accept both offers because one may fall through.