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A contract is formed when acceptance is communicated to:

Correct Answer

B) The offeror or their authorized agent

A contract is formed when acceptance is communicated to the offeror or their authorized agent. Communication of acceptance to anyone other than the offeror or their agent — such as a broker acting solely for the other party, a title company, or a lender — does not legally complete contract formation.

Answer Options
A
The broker only
B
The offeror or their authorized agent
C
The title company
D
The lender

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Related Topics & Key Terms

Related Topics:

mailbox-rulecommunication

Key Terms:

acceptancecommunicatedcontract formed
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