Topic 7.6: Practice Activities Copy
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Question 1 of 4
1. Question
John buys a commercial property from Sam. John is required to apply for a mortgage loan within three days. On the second day, John assigns his contract to Larry. Larry defaults because he did not apply for the loan. Sam can sue John for breach.
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Question 2 of 4
2. Question
It is easier to require specific performance from a seller than it is from a buyer.
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Question 3 of 4
3. Question
When the rights under a contract are transferred to another person, the recipient is called
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Question 4 of 4
4. Question
The amount of time allowed in which to bring suit for breach of contract is in the
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