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Today, Jim entered into an agreement to sell his cottage to April for $150,000. Unknown to both Jim and April, the cottage was totally destroyed
Today, Jim entered into an agreement to sell his cottage to April for $150,000. Unknown to both Jim and April,
the cottage was totally destroyed last weekend when a large pine tree fell on it during a severe windstorm.
a) What happens to this contract?
b) What determines the outcome in this case?
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