Contracts
A seller accepts a buyer's offer by email. The buyer receives the email. When is the contract formed?
AWhen the seller sends the email
BWhen the buyer receives the email and it is communicated to the buyer✓ Correct
COnly when a written document is signed by both parties
DWhen escrow is opened
Explanation
A contract is formed when acceptance is communicated to the offeror. Under California law, electronic communication (email) is generally accepted as valid. The contract is formed when the buyer receives notification of acceptance.
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