Ichiro and Emily discussed the possibility that he might buy a painting from her at a price of $100 000.Both parties wanted the sale to occur,and both were confident that Ichiro would be able to secure bank financing for the transaction.However,the parties also agreed that neither should have any obligations unless and until such financing was arranged.Explain how Ichiro and Emily can best achieve that result.

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The Answer of Ichiro and Emily discussed the possibility that he might buy a painting from her at a price of $100 000.Both parties wanted the sale to occur,and both were confident that Ichiro would be able to secure bank financing for the transaction.However,the parties also agreed that neither should have any obligations unless and until such financing was arranged.Explain how Ichiro and Emily can best achieve that result.

Ichiro and Emily Discussed the Possibility That He Might Buy