Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A buyer purchases a house from the seller. A condition stipulates that the contract will be valid only if the buyer obtains finance. When does
A buyer purchases a house from the seller. A condition stipulates that the contract will be valid only if the buyer obtains finance. When does the risk for accidental damage pass from the seller to the buyer?
Select one:
a.When the contract is reduced to writing
b.When the house is registered in the buyer's name
c.When the parties agree on the price and the merx is certain
d.When the condition is fulfilled and the price and merx have been ascertained
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started