Contracts
A Missouri purchase contract accepted by the seller becomes binding when:
AThe seller signs the offer
BThe buyer is notified of the seller's acceptance✓ Correct
CThe earnest money is deposited
DThe title company is notified
Explanation
A contract is formed when the offeror (buyer) is notified of the offeree's (seller's) acceptance. Signing alone is not sufficient; communication of acceptance to the buyer is required.
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