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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 option '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 ...
In the given case, B agrees to the proposal but puts a qualification that he will purchase the house only if his solicitor approves it. Hence B's statement is absolute but qualified.
Most Upvoted 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 option '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 option '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 option '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 option 'C'. Can you explain this answer?.
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