Question 1 & Explain Answer Please

A potential buyer for one of a broker's listings is particularly concerned with the danger of flooding since she is moving from an area that recently had severe flood damage. What action should the listing broker take to reduce this buyer's concern?

A - Advise her that homeowner's insurance covers flood damage, so she does not need to worry. B - Tell her not to worry because any lender will require flood insurance for a property in a flood plain. C - Recommend that she consult the online information on the National Flood Insurance Program for maps and the availability of flood insurance. D - Inform her that the seller's property disclosure does not reveal any flooding problem. If she does suffer flood damage later, the seller will be responsible.

Question 2

An agent representing the seller draws up a contract on January 1 offering to sell a property for $700,000 with an option clause extending the open offer through January 14. The seller has second thoughts and decides to revoke his offer on January 5. A courier service was sent to convey revocation of the contract, however due to unforeseen circumstances the package was not actually delivered until January 9.

If the buyer accepts the offer on January 9, which of the following statements is true?

A - The contract is void. B - The contract is valid. C - The contract is lapsed. D - The contract is voidable.