Multiple Choice
Fred contracts to sell a certain tract of land to Mary for $20,000, but the contract is silent as to the time of delivery of the deed and payment of the price.In this case:
A) the payment of the $20,000 is a condition precedent to the delivery of the deed.
B) the payment of the $20,000 and the delivery of the deed are mutually dependent and, in the absence of an agreement to the contrary, are concurrent conditions.
C) the payment of the $20,000 and the delivery of the deed are independent of each other.
D) the delivery of the deed is a condition subsequent to the payment of the $20,000.
Correct Answer:

Verified
Correct Answer:
Verified
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