Com to register for classes! The first thing I'm going to tell you about this contract is that there are no contingencies not a single one.A contract is whatever the two parties agree to it. There is no such thing as standard contract in the sense that you have to use this. Chapter 9 Part 2 Offer and Acceptance, Damages. If you get multiple offers you always have to make the seller aware of all of them even if you don't yet have them in hand. Our agent said that it doesn't matter if a binder is in place, because other offers can still be made and accepted during this time. Unit 8.2--Contract Formation, Offer and Acceptance. Basic Contract Law Chapter 9 Part 1. Travis should include the legal description in the offer because it provides a complete description of the property.