Question $20$

$1$ pts

Competency $10.$ Tom agreed to buy Mary's house for $$189,000.$ They wrote out an agreement and Tom, the buyer, signed it$.$ Later Mary sued to enforce the agreement. Tom claims the agreement is not legally binding since Mary never signed the written document. Is Tom right?

No$.$ It was not necessary for Mary to sign the agreement as she is admitting in a legal proceeding that the contract existed.

Yes. Even though Mary did not sign the agreement right away, she should have signed it a reasonable time after Tom signed it$.$

No$.$ Real estate agreements do not need to be in writing.

Yes. Both Tom and Mary should have signed the agreement at the time the agreement was made.