Contracts
An agreement of sale in Pennsylvania is NOT binding until:
AThe seller signs the agreement
BBoth buyer and seller have signed the agreement and a fully executed copy has been delivered to both parties✓ Correct
CThe earnest money has been deposited
DThe buyer's mortgage is approved
Explanation
A contract of sale in Pennsylvania (and generally) is not binding until both parties have signed and a fully executed copy has been communicated/delivered to both parties. Acceptance is not effective until the offeror is notified.
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