A buyer has made an offer on a listed property and the seller has signed it ,
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Question:
A buyer has made an offer on a listed property and the seller has signed it indicating acceptance of the offer. What must still be done before this offer becomes a binding contract of sale?
OA The accepted offer must be recorded.
OB The buyer's earnest money must be deposited.
OC The buyer must be notified of seller's acceptance.
OD Nothing; the seller's acceptance immediately created a binding contract.
Related Book For
Auditing The Art and Science of Assurance Engagements
ISBN: 978-0133098235
12th Canadian edition
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Ingrid B. Splettstoesser
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