Contracts
In Arizona, an offer becomes a binding contract when:
AThe buyer signs the offer
BThe seller signs the acceptance and the buyer is notified of the seller's acceptance✓ Correct
CThe earnest money check clears the bank
DThe title company receives the signed contract
Explanation
A binding contract is formed when the offeror (buyer) receives notice that the offeree (seller) has accepted the offer exactly as made. Acceptance must be communicated back to the buyer — signing alone does not form a contract until the buyer is notified.
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