14) Seller writes Buyer on 1/1/09 and says: “I will sell you my house for $100K...

14) Seller writes Buyer on 1/1/09 and says: “I will sell you my house for $100K closing will be 12/31/09.” Buyer writes Seller: “Ok”. As the result of each the Seller giving the Buyer the deed to the House and Buyer giving Seller the $100K by 12/31/09, have the parties performed? a) No because the parties performed b) Yes because the parties performed c) Yes because there was no contract to perform d) Yes because the parties are in breach of the contract

Expert Solution

Correct answer is B.

It can be clearly seen by carefully reading the question that parties have already performed the contract.

If you have any doubt feel free to ask.

Rahul Sunny answered 2 years ago

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