Contracts
A Pennsylvania agreement of sale includes an 'attorney review' contingency. During the review period, the buyer's attorney objects to a specific clause. This means:
AThe contract is automatically void
BThe parties must negotiate the objected clause or the contract may be voided per the contingency terms✓ Correct
CThe seller must rewrite the entire contract
DThe attorney's review is advisory only and cannot affect the contract
Explanation
An attorney review contingency allows a buyer's or seller's attorney to review and object to contract provisions within a specified period. If an objection is raised, the parties must negotiate the issue.
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