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Ann Frazer Has Just Purchased a New Maserati

Question 74

Multiple Choice

Ann Frazer has just purchased a new Maserati. Ann will be borrowing the money from her bank. Ann signed the contract at 8:00 PM at the dealership and her bank will not be open until 10:00 AM the following day. Ann:


A) has a contract regardless of whether her bank approves her loan.
B) has made a conditional acceptance and has no contract.
C) will be excused from her contract if the bank does not approve her loan.
D) None of the above

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