Do clark and o reilly have a binding contract

Assignment Help Management Theories

Reference no: EM131494531

Question: Clark submitted a written purchase offer to O'Reilly, offering to buy O'Reilly's home for $150,000, subject to Clark's obtaining a mortgage of $100,000. O'Reilly accepted the offer but stated that the contract would not be subject to obtaining a mortgage. Do Clark and O'Reilly have a binding contract for the sale of O'Reilly's home?

Reference no: EM131494531

Questions Cloud

Evaluate the four risk-mitigation options and strategies : Evaluate the four risk-mitigation options and strategies. Give your opinion as to what circumstances would warrant each strategy.

Is pembroke still obligated to purchase duke home : Duke signed a contract of sale, agreeing to sell his home to Pembroke. Pembroke required a mortgage to purchase the home, but nothing was said about.

Cover the highest percentage of area : Which country needs to cover the highest percentage of their area with solar panels to supply all their electricity demand with solar energy?

Obtain the maximum output : If a PV system of 270WP installed in each of these locations, which country would be best to place the panels to obtain the maximum output?

Do clark and o reilly have a binding contract : Clark submitted a written purchase offer to O'Reilly, offering to buy O'Reilly's home for $150,000, subject to Clark's obtaining a mortgage of $100,000.

Project costing and business continuity : Explain why any proposed process change requires cost estimating.Determine whether or not cost estimating is a critical part of analyzing the feasibility.

What is the net force that acts on james : The mass of James is 80 kg and the plane's mass is 30,000 kg. What is the net force that acts on James?

Initial velocity right before leaving the ramp : Suppose you altered your existing ramp so that the marbles had twice their initial velocity right before leaving the ramp.

Does carey have any recourse against zena : Zena transferred title to her home to Carey with a quitclaim deed. Neither Zena nor Carey were aware that an electric utility had an option to purchase.

User Account

All Pages