Class 5 Problem of the Day 0 Rob is selling his house in Tucson. Jim, his agent, has found a buyer, Sid. Sid signs a contract in which he agrees to buy the house for $250,000 but the document provides that \"this sale is conditional on the buyer obtaining a mortgage in the amount of $200,000 at an interest rate not to exceed ve percent" ls Sid's promise illusory? Could he simply sit on his hands and do nothing and then cancel the contract for failure of the nancing contingency? Can you think of any measures that Rob or his agent Jim could take to reduce the risk that Sid will avoid the contract by failing to obtain nancing