Ann Frazer has just purchased a new Maserati.Ann will be borrowing the money from her bank.Ann signed the contract at 8:00 PM at the dealership and her bank will not be open until 10:00 AM the following day.Ann:
A) has a contract regardless of whether her bank approves her loan.
B) has made a conditional acceptance and has no contract.
C) will be excused from her contract if the bank does not approve her loan.
D) none of the above
Correct Answer:
Verified
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