Solved

An Agreement Under Contract Which Provides That in an Event

Question 3

Multiple Choice

An agreement under contract which provides that in an event of default, the purchaser is entitled to $10,000.00 from the seller is known as a:

A) rescission provision
B) "time is of the essence" provision
C) specific performance provision
D) liquidated damage provision

Related Questions

Q2: Seller offers to sell their home to

Q4: Most states do not recognize the validity

Q5: The law of a state where the

Q5: Liquidated damage provisions contained in contracts are

Q6: A short sale is a real estate

Q7: The remedy for breach of a real

Q9: Which of the following is not a

Q10: Most states recognize the validity of the

Q21: A real estate broker may be able

Q23: A real estate broker's implied authority is