Contracts
An offer becomes a binding contract when:
AThe buyer signs the offer
BThe seller signs the offer and acceptance is communicated to the buyer✓ Correct
CThe earnest money check is deposited
DThe title company is notified of the agreement
Explanation
A binding contract requires offer, acceptance, and communication of that acceptance. An offer is not a contract until the offeree accepts AND that acceptance is communicated back to the offeror.
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