Contracts
In Washington, consideration in a real estate purchase contract is most commonly:
AGratitude and goodwill
BThe buyer's promise to pay money and the seller's promise to convey title✓ Correct
CThe earnest money deposit alone
DThe buyer's mortgage commitment letter
Explanation
Consideration in a purchase contract is the exchange of promises — the buyer's promise to pay the agreed price and the seller's promise to transfer title. Both promises constitute valid bilateral consideration.
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