Asreb national test b 3 - Study guides, Class notes & Summaries

ASREB National Test B-3

ASREB National Test B-3 Questions And Answers Graded A+

An option to purchase is what kind of contract? Unilateral Bilateral Void Unenforceable - ️️Unilateral X made an offer to buy B's property. B accepts the offer under the condition that X moves in four days after close of escrow. What is the status of the contract? Valid Unilateral Counter offer Binding upon X when B signed the offer - ️️Counter offer When a party breaches a contract, they could be responsible for: Criminal damages Class 6 Felony Adverse possession Spec...

An option to purchase is what kind of contract? Unilateral Bilateral Void Unenforceable - Unilateral X made an offer to buy B's property. B accepts the offer under the condition that X moves in four days after close of escrow. What is the status of the contract? Valid Unilateral Counter offer Binding upon X when B signed the offer - Counter offer When a party breaches a contract, they could be responsible for: Criminal damages Class 6 Felony Adverse possession Specific performan...