Contracts
A force majeure clause in a real estate contract allows:
AThe seller to raise the price due to market conditions
BParties to be excused from performance due to extraordinary, unforeseeable events beyond their control✓ Correct
CThe buyer to extend due diligence indefinitely
DThe broker to cancel the listing
Explanation
A force majeure clause excuses contract performance when extraordinary events beyond the parties' control (natural disasters, pandemics, government shutdowns) make performance impossible or impractical.
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