Contracts
In Alabama, when is an offer considered formally accepted?
AWhen the offeror deposits earnest money
BWhen the offeree communicates their unconditional acceptance to the offeror✓ Correct
CWhen the seller signs the offer
DWhen both parties' attorneys review the document
Explanation
An offer is formally accepted when the offeree communicates their unconditional acceptance back to the offeror. Mere signing without communication does not constitute acceptance.
Related Alabama Contracts Questions
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