Contracts
In Georgia, 'acceptance by performance' means a contract becomes binding when:
AThe seller signs the contract
BOne party performs the required act (unilateral contract acceptance)✓ Correct
CAll parties attend closing
DThe earnest money is deposited
Explanation
In a unilateral contract (like an option), acceptance occurs through performance of the required act rather than a return promise. For example, paying the option consideration creates the option contract.
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