A contract in which one party agrees to purchase goods from another contingent upon the purchaser's ability to locate suitable financing is said to:
A) be illegal.
B) result from undue influence.
C) contain a waiver.
D) contain a conditional promise.

Question

Quizplus · Accepted Answer

The contract contains a conditional promise, meaning that the purchase of goods is dependent on the purchaser's ability to secure financing. This is a common type of contract in many industries, such as real estate or car sales. It is not illegal or a result of undue influence, and there is no mention of a waiver in the question.

A Contract in Which One Party Agrees to Purchase Goods