Contracts
A Connecticut seller's 'right to cure' under a purchase contract means the seller has the right to:
ACancel the contract
BCorrect any defects or issues identified in the buyer's inspection report within a specified period before the buyer can void the contract✓ Correct
CReduce the purchase price unilaterally
DRequire the buyer to waive all contingencies
Explanation
A right to cure provision gives the seller a reasonable period to remedy defects or issues identified by the buyer's inspection before the buyer can exercise the right to terminate the contract.
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