Brenda conditions the buying of two masterpiece sculptures from Fredrick on an appraisal by a certified appraiser. This is known as a(n) ________.
A) transferable contract
B) unapproved contract
C) as-believed delivery contract
D) comprehensive review contract
E) conditional sales contract

Question

Quizplus · Accepted Answer

This is known as a conditional sales contract, where the sale is contingent upon certain conditions being met, in this case, an appraisal by a certified appraiser.

Brenda Conditions the Buying of Two Masterpiece Sculptures from Fredrick