Management MCQs

Jana finds a home priced at $180,000 that she would like to buy. She is

concerned, however, about her ability to get a loan. Accordingly, she and

the seller reach agreement that Jana will buy the home if she can get a loan

for $180,000 within 45 days. What type of condition is this agreement?

a. An express condition.

b. A concurrent condition.

c. A condition precedent.

d. a and c.

e. a, b, and c.

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