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Problem:

Mr. and Mrs. George enter into an agreement to buy a house owned by Samantha Jones. The sale will go forward if the Georges obtain financing for the mortgage. What kind of condition is this? Explain.

Now, assume that the Georges successfully obtained the financing; but, and Samantha Jones is now refusing to sell them the house. Do the Georges have any recourse? Explain in detail. Please provide explanations.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91145716

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