Question: This same scenario is used for questions #5 and #6. Juanita finds a dream home in the foothills. She wants to buy it but is
This same scenario is used for questions #5 and #6.
Juanita finds a dream home in the foothills. She wants to buy it but is unsure whether she can get a loan. She signs a contract with the seller that she will buy the home if she can get a loan. Juanita also includes a contractual clause in the contract with the seller that if she loses her job before the date the purchase contract is signed, the seller will release her from any obligation.
The provision that Juanita can be released from the contract is she loses her job is referred to as which of the following?
Group of answer choices
Both an implied condition and a bona fide condition
A condition precedent
An express condition
A condition subsequent
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