medium · National Real Estate Exam

A seller signs a written offer from a buyer but changes the closing date before sending it back. The buyer orally agrees to the new date.

Is there an enforceable contract?

  1. Yes, because the parties have mutual assent on all terms
  2. No, because the seller's change automatically voided the entire document
  3. No, because the buyer's acceptance of the counter-offer was not in writing
  4. Yes, because the closing date is not a material term of the contract

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