Asked by Chae-Lynn Normore on May 01, 2024
Verified
Emil enters into a contract to buy Foley's cultivated bottomland if County AgriCredit will lend Emil the funds to pay for the land. Emil's duty to perform is
A) absolute.
B) conditional.
C) substantial.
D) commercially impracticable.
Cultivated Bottomland
Land located in a valley or low-lying area that has been improved for agricultural production through human effort.
County AgriCredit
This term may refer to a specific or generic financial program or service offered at the county level targeting the agricultural sector, providing loans, credit, or financial assistance to farmers or agribusinesses. However, without more context, it is challenging to provide a precise definition.
Conditional
Depending on the fulfillment of certain conditions or circumstances, often used in contracts or agreements to signify contingent obligations.
- Comprehend the situations that condition a party’s requirement to execute their responsibilities.
Verified Answer
Learning Objectives
- Comprehend the situations that condition a party’s requirement to execute their responsibilities.
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