Entering into a Contract to Sell and Later Entering into a Contract

question 63

Short Answer

Entering into a contract to sell and later entering into a contract to buy is called _____________.

---

Definitions:

Arbitration Hearing

A dispute resolution process where an arbitrator makes a decision to resolve a dispute outside of court.

Court

A governmental institution with the authority to adjudicate legal disputes between parties and carry out the administration of justice in civil, criminal, and administrative matters.

Authority

Authority refers to the legal power or right given to an individual or entity to make decisions, enforce rules, and govern.

Post-Appellate Procedures

The process of taking a case that has been rejected or dismissed by a domestic court to an international organization, such as the Inter-American Commission on Human Rights of the Organization of American States.