Don enters into a contract to buy Ezra's office building for a certain price subject to an appraiser's evaluation that the structure's condition is not substandard. 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 contingency is not met, and the parties' obligations are discharged.

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