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In determining the binding agreement date, it is crucial to consider when the notice of acceptance was actually delivered. In the given scenario, the binding agreement date is Friday, as that is when the notice of acceptance was delivered, not when the offer was signed. Timely relay of signed documents and confirmation of receipt are essential in forming a binding contract. A fully executed copy must be delivered back to the party who made the last offer or counter offer that was accepted. The binding agreement date is critical as it affects the validity of time periods and contingencies in the contract.
