The law assumes that respective performances under a contract are concurrent conditions, unless there is an agreement to the contrary

This transaction is known as a(n)

a. consignment. b. installment sale. c. assignment for the benefit of creditors. d. product financing arrangement.

A seller sells his property and just wants a 10% minimum return on investment. If the broker makes more that this amount but does not disclose this to the seller this is called a:

a. good business transaction b. interpleader action c. lis pendens d. secret profit