Lucas Offered to Purchase Baker's Snowmobile If He Could Arrange

question 45

True/False

Lucas offered to purchase Baker's snowmobile if he could arrange a loan with the bank for the funds. Lucas and Baker signed a written purchase agreement which did not mention the fact that Lucas did not have the necessary funds in his possession. The proviso "if he could arrange a loan with the bank for the funds" would be a condition precedent.

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Definitions:

Biologically Inherited

Traits or characteristics that are passed from parents to their offspring through genes.

Temperament

The inherent part of an individual's personality, including mood, behavior tendencies, and emotional responses, that is evident from a young age.

Behavioral Style

Refers to the characteristic manner in which an individual acts, behaves, or responds in various situations.

Empirically Derived

Developed or derived from observational and experimental data rather than theory or pure logic.