Paul agrees with William (who accepts) to purchase William's house if Paul can arrange a mortgage for $250,000 in 30 days. The term regarding the mortgage arrangement is called:
A) An option to purchase.
B) An offer to purchase.
C) A conditional term
D) A real estate tender
E) A counter-offer
C
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In a just-in-time environment using backflush costing, the entry to record the use of materials for the month's production is debit __________ and credit __________
A) Work in Process Inventory; Materials Inventory B) Cost of Goods Sold; Finished Goods Inventory C) Conversion Costs; Accounts Payable D) No entry
Into what BCG quadrant does a high share, high growth product or service fall?
What will be an ideal response?
Darla purchased an unendorsed Homeowners 3 policy. While the policy was in force, a fire occurred that destroyed a living room set. The living room set cost $4,000 new, but was 25 percent depreciated when the loss occurred
Replacement furniture will cost $4,400. Assuming no deductible, how much will Darla receive from her insurer? A) $3,000 B) $3,300 C) $3,400 D) $4,400
Which of the following statements is correct if the events A and B have nonzero probabilities?
a. A and B cannot be both independent and disjoint b. A and B can be both independent and disjoint c. A and B are always independent d. A and B are always disjoint