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Joe and Tony create a contract for Joe to buy Tony's home only if Joe can get a loan for the purchase with 20% down

Joe and Tony create a contract for Joe to buy Tony's home only if Joe can get a loan for the purchase with 20% down payment. Joe's obligation to buy the home is:

A) Absolute

B) Conditional

C) Revocable

D) Unenforceable

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Financial And Managerial Accounting For MBAs

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