Bart owned a profitable refreshment stand at Seneca, and wanted to sell it so that he could pursue his dream of becoming an Olympic skateboarder. On Monday he offered to sell the business to Millhouse for $100,000, and told Millhouse that he had until Friday to decide. On Wednesday, Mr. Burns offered to buy the business from Bart for $110,000 and Bart sold to him. Bart called Millhouse to let him know and Millhouse threatened to sue.

3. Mr. Burns agreement with Bart was conditional on his obtaining financing within a week. Before the week was up, Mr. Burns changed his mind and decided he did not want the business after all. He did not try to obtain financing, and at the end of the week, told Bart that he was unable to satisfy the condition and the deal is off. Is Mr. Burns entitled to do this? Explain your answer fully. Do not just answer yes or know