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In Arizona, a contract is binding when:

Correct Answer

C) All parties have signed and acceptance is communicated

A contract becomes binding when all parties sign and acceptance is communicated.

Answer Options
A
The buyer signs
B
The seller signs
C
All parties have signed and acceptance is communicated
D
Earnest money is deposited
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Related Topics & Key Terms

Related Topics:

contract-formation-elementsoffer-and-acceptanceearnest-money-escrow

Key Terms:

contract formationacceptance communicatedmutual assentArizona contract lawoffer and acceptance
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