FINC 4376
University Of Houston - Main Campus
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FINC 4376 Law of Contracts Exam Answered 100% correctly_ Spring 2023
- Exam (elaborations) • 10 pages • 2023
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1. A buyer defaults on a contract and the seller chooses to receive the earnest money. This is a(a) A suit for specific performance
(b) Money damages
(c) Liquidated damages
(d) Mutual rescission
2. In a residential lease with a "right of first refusal" provision:
(a) The price is set when the lease agreement is negotiated
(b) The tenant has promised to buy the property
(c) The TREC promulgated form must be used
(d) The tenant has the right to match or better any offer the landlord rece...
Exam (elaborations)
FINC 4376 Law of Contracts Exam Answered 100% correctly_ Spring 2023
Last document update:
ago
1. A buyer defaults on a contract and the seller chooses to receive the earnest money. This is a(a) A suit for specific performance (b) Money damages (c) Liquidated damages (d) Mutual rescission 2. In a residential lease with a "right of first refusal" provision: (a) The price is set when the lease agreement is negotiated (b) The tenant has promised to buy the property (c) The TREC promulgated form must be used (d) The tenant has the right to match or better any offer the landlord rece...
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