Contracts
An Iowa seller accepts a buyer's offer on Sunday. The buyer has three days to inspect the property per the contract. What day does the inspection period end?
AWednesday at midnight
BThe third calendar day at midnight✓ Correct
CThe third business day at 11:59 PM
DThe next Monday
Explanation
Unless the contract specifies business days, Iowa contract deadlines are counted as calendar days. Three days from Sunday acceptance means the inspection period ends Wednesday.
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