Mary has a contract to buy Jena's house. The contract says that Mary's obligation to go through with the purchase is contingent upon Mary selling the house she currently owns. An additional clause in the contract makes Mary's purchase contingent on the seller's landscaping the front yard "to Mary's satisfaction." Can Mary reject the contract based on dissatisfaction with the landscaping?

a. Yes, if her dissatisfaction is actual, honest and in good faith.
b. No, this is an illusory condition and Mary is bound to the contract.
c. No, if an average, reasonable person would be satisfied with the landscaping Mary is bound to the contract.
d. No, if the landscaping meets the estoppel standard Mary is bound to the contract.

Ans: a. Yes, if her dissatisfaction is actual, honest and in good faith.

Business

You might also like to view...

An order or promise in a negotiable instrument must be conditional

a. true b. false

Business

The Leadership Grid portrays dimensions of:

A) leadership and management B) motivation and skills C) consideration and structure D) empathy and direction E) recruitment and training

Business