Escrow & Title
A Utah seller who receives multiple offers selects one and signs the contract. When does the seller have binding obligations to the buyer?
AWhen the seller signs the acceptance
BWhen the seller's acceptance is communicated to the buyer✓ Correct
CWhen the buyer deposits the earnest money
DWhen the title company opens escrow
Explanation
A binding contract is formed when acceptance is communicated back to the offeror (buyer). The seller signing alone is insufficient; the buyer must be notified of the acceptance.
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