Author Question: When a party fails to perform a promise that is the basis of the contract, that party has assigned ... (Read 107 times)

Mr.Thesaxman

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When a party fails to perform a promise that is the basis of the contract, that party has assigned the contract.
 
  Indicate whether the statement is true or false

Question 2

A contract in which the seller agrees, for a fee, to keep an offer to sell a property open for a specified period of time, during which the offer may not be revoked, is a(n):
 
  a. Contingent contract
  b. Offer to sell contract
  c. Option contract
  d. Revocable contract



cloudre37

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Answer to Question 1

FALSE

Answer to Question 2

C



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