Question
After a brief inspection, Alexia agreed to purchase a residential property. After hearing that interest rates were going to rise, she changed her mind and
After a brief inspection, Alexia agreed to purchase a residential property. After hearing that interest rates were going to rise, she changed her mind and refused to sign the contract of sale. The vendor insists that, notwithstanding the fact that the contract has not been signed, there is a valid contract between the parties. He has threatened to sue her for breach of contract if she does not sign
Select one:
a.
The agreement will be unenforceable if Alexia refuses to sign anything. The vendor will not be able to sue Alexia for breach of contract if she fails to pay the purchase price due.
b.The vendor will not be able to sue Alexia for breach of contract if she fails to pay the purchase price due
c.
The property legislation in all Australian jurisdictions does not require contracts for the sale of land tobe evidenced in writing
d.
The agreement will be enforceable even if Alexia refuses to sign anything.
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