Don Enters into a Contract to Buy Ezra's Office Building

question 67

Multiple Choice

Don enters into a contract to buy Ezra's office building for a certain price subject to an appraiser's evaluation that the structure's condition is not substandard. If the appraiser deems the condition to be substandard, the parties' obligations will be

• A) discharged.
• B) breached.
• C) altered.
• D) performed.

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Definitions:

Existential Import

The implication that a statement makes about the existence of the subjects it mentions.

Modern Assumptions

Contemporary beliefs or presuppositions that influence one's perspective or argument, often taken for granted within a specific time period.

Traditional Assumptions

Established beliefs that are widely accepted without question or evidence.

Middle Term

In a syllogism, the term that appears in both premises but not in the conclusion, serving as a link between the other two terms.