Contracts
Which of the following is NOT a way a Vermont real estate contract can be terminated?
AMutual rescission agreed to by both parties
BExpiration of an offer without acceptance
COne party's unilateral decision to back out without cause✓ Correct
DFailure of a contingency condition
Explanation
A party cannot unilaterally terminate a binding contract without cause without potentially being in breach and facing legal consequences. Valid means of termination include mutual rescission, contingency failure, expiration, performance, or breach by the other party.
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