A broker with Agency One is working for a buyer client to find a home. They find a home listed with AgencyTwo and submit an offer on Tuesday afternoon. The listing agent presents the offier to the seller on Wednesday. The seller signs the offer with no changes and returns it to the listing agent on Wildnesday evening. Thursday moming, the listing agent calls the AgencyOne broker and states the seller has signed and accepted the buyer’s offer. The Agency One broker receives the signed documents on Fridey. On Saturday morning, the AgencyOne broker meets with their buyec, informs them of the acceptancel, and delivers the signed documents to them. When did the parties form a valid and binding contract?
(e) Wednesday when the seller signed the contract
(b) Wednesday evening when the seller informed the listing agent of their acceptance
(c) Thursday morning when the acceptance was communicated to the Agency One broker
(d) Saturday when the buyer was informed of the acceptance and received the signed documents
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