The effective date of a real estate purchase contracts is the date that:

A. the seller accepts the offer
B. the security deposit was made
C. the acceptance is communicated to the buyer
D. the offer is made

Answer: C. the acceptance is communicated to the buyer

Business

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The process of a deceased's property being collected, debts and taxes being paid, and the remainder of the estate being distributed is known as ________

A) probate B) abatement C) ademption D) adjournment

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