T and X entered into a contract of sale of a piece of land. T agreed that on the 5th day of July 2022, he will deliver the property’s title and help X identify the lot. The day came and T was able to accomplish all his duties. What kind of sale was made? A. Absolute sale B. Conditional sale C. Absolute and conditional sale D. None of the above
T and X entered into a contract of sale of a piece of land. T agreed that on the 5th day of July 2022, he will deliver the property’s title and help X identify the lot. The day came and T was able to accomplish all his duties. What kind of sale was made? A. Absolute sale B. Conditional sale C. Absolute and conditional sale D. None of the above
Chapter17: Capital And Time
Section: Chapter Questions
Problem 17.3P
Related questions
Question
T and X entered into a contract of sale of a piece of land. T agreed that on the 5th day of July 2022, he will deliver the property’s title and help X identify the lot. The day came and T was able to accomplish all his duties. What kind of sale was made?
A. Absolute sale B. Conditional sale C. Absolute and conditional sale D. None of the above
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Exploring Economics
Economics
ISBN:
9781544336329
Author:
Robert L. Sexton
Publisher:
SAGE Publications, Inc
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Exploring Economics
Economics
ISBN:
9781544336329
Author:
Robert L. Sexton
Publisher:
SAGE Publications, Inc
Economics: Private and Public Choice (MindTap Cou…
Economics
ISBN:
9781305506725
Author:
James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:
Cengage Learning
Microeconomics: Private and Public Choice (MindTa…
Economics
ISBN:
9781305506893
Author:
James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:
Cengage Learning