Which of the Following Is Generally Not True of a Financing

question 115

Multiple Choice

Which of the following is generally not true of a financing contingency?

• A) It is a condition of closing in the agreement of purchase and sale
• B) Trigger the payment of break-up fees if not satisfied.
• C) Protects both the lender and seller
• D) Primarily protects the buyer
• E) Primarily protects the seller

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