Question: The purchase agreement between Stella and Dave includes a time is of the essence clause. A week before closing, the lender informs Stella that the

The purchase agreement between Stella and Dave includes a time is

The purchase agreement between Stella and Dave includes a time is of the essence clause. A week before closing, the lender informs Stella that the loan will close a week later than expected. Dave agrees to extend the contract deadline by eight days. This would MOST LIKELY be handled with a(n): amendment. counteroffer. handshake

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