Contracts
An Iowa buyer signs a purchase agreement but the seller never signs. What is the status of the contract?
AIt is a binding contract on the buyer only
BIt is an enforceable unilateral contract
CThere is no contract because there is no mutual acceptance✓ Correct
DThe buyer can force the seller to accept
Explanation
A valid contract requires offer, acceptance, and consideration from both parties. Without the seller's signature indicating acceptance, there is no mutual agreement and therefore no binding contract.
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