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A offers to sell his house to B, who agrees to purchase it subject to approval by B’s solicitors. Which one of the statements in correct?
- a)B’s statement is absolute and unqualified.
- b)B’s statement is not absolute and unqualified.
- c)B’s statement is absolute but qualified.
- d)All the above statements are correct.
Correct answer is 'C'. Can you explain this answer?
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Verified Answer
A offers to sell his house to B, who agrees to purchase it subject to ...
The correct answer is: B’s statement is absolute but qualified.
Explanation:
- In this scenario, B has agreed to purchase A's house, but the agreement is subject to the approval of B's solicitors. This means that B's decision to purchase the house is not final until their solicitors approve the transaction.
- B's statement is absolute in the sense that they have shown their intention to purchase the house. They have not expressed any uncertainty or doubt about their desire to buy the property.
- However, B's statement is also qualified because the agreement is contingent upon the approval of their solicitors. This additional condition adds a qualification to B's intention to purchase the house, as their intention is dependent on the outcome of the solicitors' review.
- Thus, B's statement is both absolute (in terms of their intention to buy) and qualified (by the condition of solicitor approval).
Explanation:
- In this scenario, B has agreed to purchase A's house, but the agreement is subject to the approval of B's solicitors. This means that B's decision to purchase the house is not final until their solicitors approve the transaction.
- B's statement is absolute in the sense that they have shown their intention to purchase the house. They have not expressed any uncertainty or doubt about their desire to buy the property.
- However, B's statement is also qualified because the agreement is contingent upon the approval of their solicitors. This additional condition adds a qualification to B's intention to purchase the house, as their intention is dependent on the outcome of the solicitors' review.
- Thus, B's statement is both absolute (in terms of their intention to buy) and qualified (by the condition of solicitor approval).
Most Upvoted Answer
A offers to sell his house to B, who agrees to purchase it subject to ...
Understanding B's Statement
In this scenario, B's acceptance of A's offer to sell the house is conditioned upon the approval of B's solicitors. This introduces a layer of qualification to B's acceptance.
Analysis of Options
- a) B's statement is absolute and unqualified.
This option is incorrect. B's acceptance is not absolute because it is contingent upon the solicitors' approval.
- b) B's statement is not absolute and unqualified.
This option is partially correct. While it correctly identifies that B's statement is not absolute, it does not fully encapsulate the nature of the statement.
- c) B's statement is absolute but qualified.
This is the correct option. B's acceptance is absolute in the sense that he agrees to purchase the house, but it is qualified because the agreement hinges on the approval from the solicitors.
- d) All the above statements are correct.
This option is incorrect because not all the previous statements accurately describe B's position.
Conclusion
Therefore, the correct answer is option "C": B's statement is absolute but qualified. It reflects the dual nature of B’s agreement—committed but conditional on legal review. This highlights the importance of understanding conditional agreements in contractual law, especially in real estate transactions.
In this scenario, B's acceptance of A's offer to sell the house is conditioned upon the approval of B's solicitors. This introduces a layer of qualification to B's acceptance.
Analysis of Options
- a) B's statement is absolute and unqualified.
This option is incorrect. B's acceptance is not absolute because it is contingent upon the solicitors' approval.
- b) B's statement is not absolute and unqualified.
This option is partially correct. While it correctly identifies that B's statement is not absolute, it does not fully encapsulate the nature of the statement.
- c) B's statement is absolute but qualified.
This is the correct option. B's acceptance is absolute in the sense that he agrees to purchase the house, but it is qualified because the agreement hinges on the approval from the solicitors.
- d) All the above statements are correct.
This option is incorrect because not all the previous statements accurately describe B's position.
Conclusion
Therefore, the correct answer is option "C": B's statement is absolute but qualified. It reflects the dual nature of B’s agreement—committed but conditional on legal review. This highlights the importance of understanding conditional agreements in contractual law, especially in real estate transactions.
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Community Answer
A offers to sell his house to B, who agrees to purchase it subject to ...
The correct answer is: B’s statement is absolute but qualified.
Explanation:
- In this scenario, B has agreed to purchase A's house, but the agreement is subject to the approval of B's solicitors. This means that B's decision to purchase the house is not final until their solicitors approve the transaction.
- B's statement is absolute in the sense that they have shown their intention to purchase the house. They have not expressed any uncertainty or doubt about their desire to buy the property.
- However, B's statement is also qualified because the agreement is contingent upon the approval of their solicitors. This additional condition adds a qualification to B's intention to purchase the house, as their intention is dependent on the outcome of the solicitors' review.
- Thus, B's statement is both absolute (in terms of their intention to buy) and qualified (by the condition of solicitor approval).
Explanation:
- In this scenario, B has agreed to purchase A's house, but the agreement is subject to the approval of B's solicitors. This means that B's decision to purchase the house is not final until their solicitors approve the transaction.
- B's statement is absolute in the sense that they have shown their intention to purchase the house. They have not expressed any uncertainty or doubt about their desire to buy the property.
- However, B's statement is also qualified because the agreement is contingent upon the approval of their solicitors. This additional condition adds a qualification to B's intention to purchase the house, as their intention is dependent on the outcome of the solicitors' review.
- Thus, B's statement is both absolute (in terms of their intention to buy) and qualified (by the condition of solicitor approval).
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A offers to sell his house to B, who agrees to purchase it subject to approval by B’s solicitors. Which one of the statements in correct?a)B’s statement is absolute and unqualified.b)B’s statement is not absolute and unqualified.c)B’s statement is absolute but qualified.d)All the above statements are correct.Correct answer is 'C'. Can you explain this answer?
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A offers to sell his house to B, who agrees to purchase it subject to approval by B’s solicitors. Which one of the statements in correct?a)B’s statement is absolute and unqualified.b)B’s statement is not absolute and unqualified.c)B’s statement is absolute but qualified.d)All the above statements are correct.Correct answer is 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about A offers to sell his house to B, who agrees to purchase it subject to approval by B’s solicitors. Which one of the statements in correct?a)B’s statement is absolute and unqualified.b)B’s statement is not absolute and unqualified.c)B’s statement is absolute but qualified.d)All the above statements are correct.Correct answer is 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A offers to sell his house to B, who agrees to purchase it subject to approval by B’s solicitors. Which one of the statements in correct?a)B’s statement is absolute and unqualified.b)B’s statement is not absolute and unqualified.c)B’s statement is absolute but qualified.d)All the above statements are correct.Correct answer is 'C'. Can you explain this answer?.
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