Contracts
An offer becomes a binding contract when:
AThe seller receives the offer from the buyer's agent
BThe offeree's acceptance is communicated to the offeror without modification✓ Correct
CThe buyer submits the earnest money check
DBoth agents have initialed all pages
Explanation
A binding contract (mutual consent) is formed when the offeree's unconditional acceptance of all terms is communicated back to the offeror. Until then, there is no binding agreement.
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