Contracts
In Louisiana, a 'suspensive condition' in a purchase agreement is one that:
ATerminates (suspends) the contract immediately
BSuspends the parties' obligations until the condition is fulfilled or fails — if the condition fails, the contract is dissolved✓ Correct
CSuspends the seller's right to market the property only
DRequires court approval before becoming effective
Explanation
A suspensive condition (condition precedent) suspends the parties' obligations until the condition occurs or it becomes certain that it will not occur. If the suspensive condition fails (e.
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