Fernando contracts with Michelle to purchase her lake property as long as she repairs the dock. This is an example of a(n) ________
A) implied contract
B) conditional contract
C) improper contract
D) collusive contract

Question

Quizplus · Accepted Answer

This is an example of a conditional contract because the sale of the property is contingent upon a specific condition being met, which in this case is the repair of the dock. Conditional contracts are agreements that become enforceable only upon the occurrence of a specified condition.

Fernando Contracts with Michelle to Purchase Her Lake Property as Long