Land Sale Cannot Be Repudiated Before Closing
This trap appears as a wrong-answer choice in 1 active question. Spotting how it is built is the repair: read each example's “why it's attractive” before the “why it's wrong.”
Subject distribution
- Contracts1
Example wrong choices
14473_psalm_grove_closing · CONTRACTS · Choice Awin, because Lydia's July 8 statement gave Timothy reasonable grounds to be insecure about Lydia's performance.
Why it's attractive
A turns fear about future performance into a present lawsuit remedy.
Why it's wrong
A turns fear about future performance into a present lawsuit remedy.
14473_psalm_grove_closing · CONTRACTS · Choice Close, because the parties contracted for the sale and conveyance of a single parcel, and a seller can never sue for breach of that kind of contract before the agreed closing date.
Why it's attractive
C uses the word never and makes the single-parcel fact do too much.
Why it's wrong
C uses the word never and makes the single-parcel fact do too much.
14473_psalm_grove_closing · CONTRACTS · Choice Dwin, because Lydia committed a total breach by anticipatorily repudiating the March 3 contract on July 8.
Why it's attractive
D grabs market regret but skips the 'unless required' phrase.
Why it's wrong
D grabs market regret but skips the 'unless required' phrase.
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