Seller Enters into a Contract with Purchaser to Sell Real

question 12

Multiple Choice

Seller enters into a contract with purchaser to sell real property for $100,000.00. Purchaser defaults on the contract, and at the time of default the fair market value of the property is $90,000.00. Seller shall be entitled to recover from purchaser the following money damages:

• A) 0
• B) $100,000.00
• C) $10,000.00
• D) $90,000.00

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Definitions:

External Attribution

The process of inferring that a person's behavior is due to situational factors, rather than aspects of the person themselves.

Internal Attribution

The process of ascribing the cause of behaviors to internal characteristics of the individual rather than to external factors.

Stable Attribution

An individual's tendency to believe that a person's behavior or outcome is due to traits or situations that are consistent over time.

Unstable Attribution

A cognitive process where individuals inconsistently or unpredictably attribute causes or reasons to their own or others' behaviors.