On March 1^st, Sam Enters into an Offer to Purchase

question 43

Multiple Choice

On March 1^st, Sam enters into an offer to purchase with Geraldo to purchase his home. The closing date is June 15^th. On May 1^st, Sam discovers that the city is planning to re-zone the land next door as commercial. Sam is very unhappy and no longer wants the property. What legal/non-legal action might Sam take?

• A) Sam may bring an action against Geraldo for misrepresentation.
• B) Sam may fail to complete the transaction.
• C) Sam may notify Geraldo of an anticipatory breach.
• D) Sam may fail to complete the transaction of notify Gerald of an anticipatory breach.
• E) Sam may take any of these actions.

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Definitions:

Delusion of Reference

A false belief that innocuous events or mere coincidences have strong personal significance.

Exorcism

A religious or spiritual ritual aimed at evicting demons or spirits from a person or area believed to be possessed.

Situational Context

The specific environmental, social, and cultural conditions or circumstances in which an event or action occurs.

Maladaptive

Behaviors or thought patterns that inhibit an individual's ability to adjust healthily to specific situations.