Contracts
Which of the following is an example of a contingency that would protect the SELLER in a South Dakota purchase agreement?
AFinancing contingency (buyer must get a loan)
BInspection contingency (buyer's right to inspect)
CSeller's purchase of a replacement home contingency✓ Correct
DSale price contingency (sale must be at full list price)
Explanation
A seller's contingency allows the seller to void the contract if a condition of their choosing is not met (like finding a replacement home to purchase). This protects the seller's interests.
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