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Shamira Offered to Purchase Brendan's Automobile for $3,050 Cash, with Brendan

question 20

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Shamira offered to purchase Brendan's automobile for $3,050 cash, with Brendan to deliver the vehicle the next Wednesday, at which time Shamira would pay the $3,050. On the Wednesday, when Brendan did not deliver, Shamira went to Brendan's home, and found him in his garden. Shamira offered Brendan the money, but Brendan refused, saying that he had changed his mind, and did not wish to sell his automobile. If Shamira had in her possession three $1,000 bills, and one $100 bill, her tender would be invalid, even though she had cash in excess of the amount requested.


Definitions:

Company B

A placeholder name typically used in examples or case studies to represent a hypothetical company.

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Payments made to an expert for providing professional advice or services.

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Short-term financing used to cover the cost of building or renovating a property until long-term financing can be secured.

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