ContractsContingenciesMEDIUM
Contracts with contingency clauses are:
Correct Answer
A) Voidable
Contracts with contingencies are voidable because either party may void the contract if the contingency is not met (e.g., financing contingency, inspection contingency).
Answer Options
A
VoidableB
ValidC
VoidD
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Related Topics & Key Terms
Related Topics:
contract-executionfinancing-contingenciescontract-termination
Key Terms:
voidable contractcontingency clausefinancing contingencyinspection contingencycontract classification
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