Contracts
Under Alaska contract law, an offer to purchase real estate is effectively accepted when:
AThe offeree signs the acceptance
BThe offeree communicates acceptance to the offeror✓ Correct
CThe offeree deposits earnest money
DThe title company receives the signed contract
Explanation
A contract is formed when acceptance is communicated to the offeror. Signing the acceptance document alone does not create a contract — the offeror must be notified of the acceptance to make it binding.
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