Contracts
An Alabama purchase contract that is subject to the buyer obtaining a satisfactory home inspection within 14 days is an example of a:
AVoid contract
BBilateral contract with a condition precedent✓ Correct
CUnilateral contract
DOptions contract
Explanation
A bilateral contract with a condition precedent requires a specific event (satisfactory home inspection) to occur before one party is obligated to perform.
Related Alabama Contracts Questions
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