Krystal Buys a New House from Kiel and Puts Down

Multiple Choice

Krystal buys a new house from Kiel and puts down $10,000 in earnest money.If Kiel accepts Krystal's offer,what happens to the earnest money?

A) The earnest money will apply toward the purchase price.
B) Kiel gets the earnest money.
C) The earnest money is returned to Krystal.
D) Kiel and Krystal divide the earnest money.
E) The bank keeps the earnest money.