Dom enters into a contract to buy Ezra's office building for a certain price subject to an appraiser's evaluation of the structure's condition. If the appraiser deems the condition to be substandard, the parties' obligations will be
A)discharged.
B)breached.
C)altered.
D)performed.

Question

Quizplus · Accepted Answer

The contract is contingent upon the appraiser's evaluation. If the condition is deemed substandard, the contract allows for the parties' obligations to be discharged, meaning they are released from their contractual duties under these specific terms.

Dom Enters into a Contract to Buy Ezra's Office Building